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“Bitcoin tops $22,000 as crypto market hopes contagion and shakeout is over; ether jumps 10%”

Bitcoin bounced above $22,000 on Monday, hitting its highest level in more than a month as the cryptocurrency market held out hope that the contagion and shakeout over the past few weeks is nearing its end.

The world’s largest cryptocurrency was trading around $22,228.70 at 6:30 a.m. ET, according to CoinDesk data, up around 4%. Bitcoin traded as high as $22,493.61 in the past 24 hours, the highest since June 16.

Other cryptocurrencies also bounced with ether up more than 10% versus the price 24 hours ago and Polygon’s MATIC token up 21%…”

https://www.cnbc.com/2022/07/18/bitcoin-btc-tops-22000-ethereum-jumps-as-crypto-market-rallies.html

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