XRP and ETH are up by similar percentages, while the latter has seen a multi-month high above $1,900.
The recent FUD around Binance harmed bitcoin only temporarily, as the asset went back on the offensive and soared to almost $29,000.
Ethereum is also on a roll ahead of the long-anticipated Shanghai upgrade, and the native token charted an eight-month high above $1,900.Following last week’s volatility, bitcoin had finally calmed during the weekend and primarily stood in a tight range between $28,400 and $28,600. The landscape started toearly Monday, especially after news broke that Interpol had issued a Red Notice on Binance’s CEO. In a matter of hours, BTC slumped to under $27,300.
However, as CZ denied the rumors and it turned out to be fake news, bitcoin started reclaiming value and returned to $28,000 almost immediately. The past 24 hours brought another leg up for the cryptocurrency that drove it t $28,800.and sits north of $28,500. Its market capitalization has finally reclaimed the $550 billion mark, but its dominance over the alts has shrunk to under 46%.This is all you need not to miss any price action in the raging crypto markets.
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