World Shares Mixed; Bitcoin Value A Tad Higher Than $20,000

European benchmarks were higher Monday, June 20, 2022, after most Asian markets retreated, while the price of bitcoin hovered near $20,000. US futures advanced and oil prices fell back early Monday, Yuri Kageyama reported for the Associated Press (AP).

Photo Insert: US futures advanced and oil prices fell back early Monday.

After rebounding over the weekend, the price of the world's most popular cryptocurrency stayed close to the psychological barrier of $20,000.

According to the cryptocurrency news site CoinDesk, bitcoin dropped over 10% to under $18,600 at one time. It was $20,650.56 as of 0500 ET (0900 GMT) Monday. The CAC 40 in France rose 0.2 percent to 5,893.20. The DAX in Germany rose 0.2 percent to 13,150.16.

The FTSE 100 in the United Kingdom increased 0.5 percent to 7,049.87. Monday is a holiday in the United States, and markets are closed. The Dow industrials futures were up 0.4 percent, while the S&P 500 futures were up 0.5 percent.

The Nikkei 225, Japan's benchmark index, fell 0.7 percent to 25,771.22. The S&P/ASX 200 index in Australia fell 0.6 percent to 6,433.40. The Kospi in South Korea fell 2.0 percent to 2,391.03.

The Hang Seng in Hong Kong rose 0.4 percent to 21,163.91, while the Shanghai Composite fell less than 0.1 percent to 3,315.43.

On the New York Mercantile Exchange, benchmark US crude fell 42 cents to $109.14 a barrel in electronic trading. On Friday, it fell $7.26 to $107.99 per barrel. Brent crude, the worldwide benchmark, dropped $1.35 to $111.77 a barrel.

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