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

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

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

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. (Compiled by the Global Finance & Markets Breaking News team; Editing by David Clarke)

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