Market Wrap: Bitcoin Holds Above $20K Amid Light Trading

U.S. equity markets were closed in celebration of the Juneteenth holiday.

AccessTimeIconJun 20, 2022 at 8:32 p.m. UTC
Updated May 11, 2023 at 6:40 p.m. UTC
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The Market Wrap team is out of the office Monday because it's a federal holiday in celebration of Juneteenth, with most traditional markets closed in the U.S. In place of the usual markets summary, here are highlights from Monday's crypto trading:

  • Bitcoin (BTC) was recently trading just above $20,100, roughly flat for the past 24 hours. The largest cryptocurrency by market capitalization reclaimed its perch above the $20,000 threshold late Sunday.
  • Ether (ETH), the second-largest crypto by market cap, was recently trading just over $1,100, a slight increase over the same period.
  • Most other major cryptos were in the green amid light trading.

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In the meantime, check out the most important crypto market stories from last week:


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Helene Braun

Helene is a New York-based news reporter at CoinDesk, currently covering the criminal trial of infamous crypto mogul Sam Bankman-Fried. Helene is a recent graduate of New York University's business and economic reporting program and has appeared on CBS News and Nasdaq TradeTalks. She holds BTC and ETH.

James Rubin

James Rubin was CoinDesk's U.S. news editor based on the West Coast.

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