Bitcoin Holds Steady Above $21K Amid Stock Gains

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Bitcoin Holds Steady Above $21K Amid Stock Gains
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Bitcoin held steadily above $21K, although analysts were pessimistic that its recent rally would last. JimmyHe32 reports

After a weekend where bitcoin saw $7.3 billion in realized losses, the largest cryptocurrency erased all weekend losses and was recently up nearly 7% in the last 24 hours to $21,206.

Despite small recoveries in traditional markets following the Juneteenth holiday market closures on Monday, Craig Erlam, a senior market analyst for Oanda, advises against becoming too comfortable with market gains.

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