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Bitcoin tops $70 000 for the first time

Bitcoin briefly rallied to a record high as crypto mania continued to sweep through the investment community.

Smaller cryptocurrencies are starting to pull ahead of bitcoin as traders bet they’re next in line to test all-time peaks.

Bitcoin scaled a two-year high on Monday, breaking $64 000, taking it within striking distance of record levels.

Bitcoin hit a two-year high above $57 000 on Tuesday – and reached a record high in rand terms.

The US SEC is likely to allow ETFs to hold ethereum from May, Standard Chartered predicts.

The approval of the first spot-bitcoin ETFs in the US has boosted ether, the second most valuable cryptocurrency.