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Bitcoin extends retreat from record high to hit lowest

Bitcoin extends retreat from record high to hit lowest
Bitcoin extends retreat from record high to hit lowest

Bitcoin fell to its lowest since February 8 in thin trade on Sunday, down 3.7% from Friday’s close as the pullback from a record high near $60,000 continued, Reuters reports.

The world’s biggest and best-known cryptocurrency has risen as much as 70% 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.

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