$Bitcoin (BTC.CC)$ rose suddenly on Monday, before giving up nearly all its gains, after asset manager $Blackrock (BLK.US)$ denied a crypto media report that U.S. regulators had approved its high-profile application for a crypto investment product.
Bitcoin, known for its volatility, was last trading up 3.82% at $28,211, after earlier rising as much as 10% to $29,900, its highest since August.
Crypto news outlet Coin Telegraph had e...