Bitcoin experienced a sharp price drop after rumors circulated on Twitter and a few crypto media outlets claiming that Binance CEO Changpeng Zhao was served with a Red Notice by Interpol, although he quickly denied the rumors. BTC experienced a drop driving it by over a grand lower to $27,200, but it bounced back to roughly $28,000 as of writing. Meanwhile, Dogecoin briefly exceeded $0.1 in another surge propelled by Elon Musk, while the other notable gainer from the larger-cap alts is Shiba Inu. The total crypto market cap has declined by $10 billion in a day and is now at $1.175T.

(By Jordan Lyanchev)