Bitcoin Hovers Around the $20,000 Level After a Volatile Weekend

Bitcoin struggled to hold above the closely-watched $20,000 level, extending a period of marked volatility that saw huge weekend swings.

The largest cryptocurrency fell as much as 4.8% on Monday and was trading at $19,914 as of 7:32 a.m. in London. Ether at one point shed 7.8% but held above $1,000. Altcoins like Solana, Cardano and Dogecoin declined.