Bitcoin tops $28,000; Ethereum nears $1,600; Solana rises 9%

Bitcoin and other crypto tokens were trading sharply higher today in Asia but the gains soon eased early morning. A false report of a spot ETF approval was posted on social media platform X, formerly known as Twitter. Bitcoin posted sharp gains in the early morning as the last crypto token surged about 4 per cent to once again top 28,000-levels. Ethereum also gained about 2 per cent but remained below $1600-level. Altcoins were also trading with decent gains in the early morning. Yesterday was a very interesting day to trade. Bitcoin saw a 70-day high in price. The global cryptocurrency market cap was trading significantly higher, jumping to $1.09 trillion-mark.

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