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Bitcoin fell to its lowest level since February 8 on Sunday, down 3.7 percent from Friday’s close, while continuing the pullback from an all-time high near $ 60,000.
FILE PHOTO: Representation of the virtual currency Bitcoin seen on a motherboard in this illustrated image taken on April 24, 2020. REUTERS / Dado Ruvic / Illustration / File photo
REUTERS: Bitcoin fell to its lowest level since February 8 in thinning on Sunday, 3.7 percent less than Friday’s close, as it continued to decline from an all-time high near US $ 60,000.
The world’s largest and best-known cryptocurrency has risen as much as 70 percent since the beginning of the year, hitting a record high of $ 58,354.14 a week ago amid growing confidence that it will become a primary investment and payments vehicle.
(Compiled by the Global Finance & Markets Breaking News team; edited by David Clarke)
