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

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

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

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

FILE PHOTO: Representation of the virtual currency Bitcoin is seen on a motherboard in this picture illustration taken April 24, 2020. REUTERS/Dado Ruvic/Illustration/File PhotoREUTERS: Bitcoin fell to its lowest since Feb. 8 in thin on Sunday, down 3.7per cent from Friday's close as the pullback from a record high near US$60,000 continued.

The world's biggest and best-known cryptocurrency has risen as much as 70per cent since the start of the year, hitting a record high of US$58,354.14 one week ago amid increasing confidence that it will become a mainstream investment and payments vehicle.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Time to buy some more on dips

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Motor racing-Brown confident F1 will have at least 20 races this seasonMcLaren boss Zak Brown expects Formula One to lose a couple of races from this season's record 23-round calendar due to the COVID-19 pandemic but ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

20-year-old Singaporean detained under ISA for planning to kill Jews at local synagogue: Shanmugam“He’s not being detained because he has sympathised with the Palestinian cause. He’s being detained because he wanted to kill innocent people in Singapore': K Shanmugam on a 20-year-old Singaporean who planned an attack at a synagogue How come no coverage on tibet day? infinity10 More people should sympathise with the Palestinians about the horrors the Israelis are inflicting on them. Less people should be blowing up places of worship because not all Jews are Israelis.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

20-year-old detained under ISA after planning to attack Jews at a Waterloo Street synagogue20-year-old detained under the Internal Security Act for planning knife attack on Jews at Waterloo Street synagogue and to join armed violence in Gaza Tsk
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Single buyer purchases all 20 units at Orchard condo for almost S$300 millionThe condo in question is EDEN at 2 Draycott Park, a development conceptualised as a “private garden in the sky”. Great property regulation in a country where the youth are waiting 4-7 years for their houses. 😲😲😲 dzarismail PlanB Gila babeng. Its time to move from Anchorvale and buy a tower yourself. 😂🗼Asik Cina je boleh. Jawa tok tok pun boleh.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

One buyer pays S$293 million for all 20 units of ultra-luxury Orchard condominiumSingapore – All 20 apartment units of an ultra-luxury condominium in Orchard were sold to 'one exclusive buyer.' Swire Properties announced on Thursday evening (Mar 25) that all units of its ultra-luxury condo, Eden at 2 Draycott Park, have been sold.
Source: IndependentSG - 🏆 2. / 72 Read more »