Bitcoin extends retreat from record high to hit lowest in 20 days

Reuters

<div class='embed-wrap'><figure data-feedback='fb:likes,fb:comments'><img src='http://sa.kapamilya.com/absnews/abscbnnews/media/2021/reuters/03/01/bc.jpg' ><figcaption>A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec. 8, 2017.<em> Benoit Tessier, Reuters/Illustration/File Photo/File Photo</em></figcaption></figure></div><p>Bitcoin fell to its lowest since Feb. 8 in thin trade on Sunday, down 3.7 percent from Friday's close as the pullback from a record high near $60,000 continued.</p><p>The world's biggest and best-known cryptocurrency has risen as much as 70 percent since the start of the year, hitting a record high of $58,354.14 one week ago amid increasing confidence that it will become a mainstream investment and payments vehicle. </p><ul class='op-related-articles'>	<li><a href='https://news.abs-cbn.com/business/02/17/21/bitcoin-smashes-through-50000-as-it-wins-more-mainstream-acceptance'>Bitcoin smashes through $50,000 as it wins more mainstream acceptance</a></li>	<li><a href='https://news.abs-cbn.com/business/01/07/21/bitcoin-why-the-price-has-exploded-and-where-it-goes-from-here'>Bitcoin: why the price has exploded – and where it goes from here</a></li></ul><p><strong>RELATED VIDEO: </strong></p><figure class='op-interactive'><iframe height='315' src='https://www.youtube.com/embed/WdRoVQhcCwk?enablejsapi=1' width='560'></iframe></figure><div class='iwantbar'>Watch more in <a href='//www.iwantv.com.ph/'>iWantv</a> or <a href='//tfc.tv/'>TFC.tv</a></div>

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<p>The world's biggest and best-known cryptocurrency has risen as much as 70 percent since the start of the year, hitting a record high of $58,354.14 one week ago amid increasing confidence that it will become a mainstream investment and payments vehicle. </p><ul class='op-related-articles'>	<li><a href='https://news.abs-cbn.com/business/02/17/21/bitcoin-smashes-through-50000-as-it-wins-more-mainstream-acceptance'>Bitcoin smashes through $50,000 as it wins more mainstream acceptance</a></li>	<li><a href='https://news.abs-cbn.com/business/01/07/21/bitcoin-why-the-price-has-exploded-and-where-it-goes-from-here'>Bitcoin: why the price has exploded – and where it goes from here</a></li></ul>

<div class='embed-wrap'><figure data-feedback='fb:likes,fb:comments'><img src='http://sa.kapamilya.com/absnews/abscbnnews/media/2021/reuters/03/01/bc.jpg' ><figcaption>A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec. 8, 2017.<em> Benoit Tessier, Reuters/Illustration/File Photo/File Photo</em></figcaption></figure></div><p>Bitcoin fell to its lowest since Feb. 8 in thin trade on Sunday, down 3.7 percent from Friday's close as the pullback from a record high near $60,000 continued.</p>

<p>Bitcoin fell to its lowest since Feb. 8 in thin trade on Sunday, down 3.7 percent from Friday's close as the pullback from a record high near $60,000 continued.</p>

Bitcoin fell to its lowest since Feb. 8 in thin trade on Sunday, down 3.7 percent from Friday's close as the pullback from a record high near $60,000 continued.

Bitcoin extends retreat from record high to hit lowest in 20 days | ABS-CBN News

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Bitcoin extends retreat from record high to hit lowest in 20 days

Bitcoin extends retreat from record high to hit lowest in 20 days