Bitcoin falls 1.8% to $60,077.32

March 14, 2021 6:24 PM EDT

FILE PHOTO: Representations of virtual currency Bitcoin and U.S. dollar banknotes are seen in this picture illustration taken January 27, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

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(Reuters) - Bitcoin dropped 1.78% to $60,077.32 on Sunday, losing $1,087.87 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is down 2.8% from the year's high of $61,781.83 on March 13.

(Reporting by Aakriti Bhalla in Bengaluru; Editing by Daniel Wallis)

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