Bitcoin holds above $20,000 after week of forced crypto selling

Cryptocurrencies showed tentative signs of recovering from last week’s rout as Bitcoin held above $20,000.

Bitcoin rose as much as 1.6% on Tuesday in Asia and was trading at $20,665 as of 8:42 a.m. in Tokyo. The MVIS Cryptocompare Digital Assets 100 index climbed 1.5%. So-called altcoins like Solana and Polkadot were among gainers.