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.

For the latest cryptocurrency prices, please go here, and for the latest news headlines, please go here.

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


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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.

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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