Bitcoin recently soared to almost $29,000 after a brief dip following news of Interpol issuing a Red Notice on Binance's CEO, which turned out to be fake. Despite failing to continue upwards and challenge $29,000, bitcoin is still up 2% on the day amid bullish on-chain signs and sits north of $28,500. Ethereum is up almost 6%, charting an eight-month high above $1,900, ahead of the long-anticipated Shanghai upgrade. XRP has also surged by 5.3%, while Avalanche and Uniswap are notable gainers from the top 20 altcoins, having surged by over 6%. The total crypto market cap has added around $30 billion in a day and is above $1.2 trillion on CMC.

(By Jordan Lyanchev)