Bitcoin Price Spikes And Dips Following Fake Sec Spot Bitcoin Etf Approval A false rumor about a bitcoin etf approval in the us briefly sent the price of bitcoin soaring. the rumor, circulated via the x account of crypto media outlet cointelegraph, triggered a $2,000 price surge that prompted sector wide volatility and resulted in hourly liquidations topping $100 million. Recent events in the cryptocurrency industry sent shockwaves through the market, triggered by false information disseminated by cointelegraph regarding the approval of a spot bitcoin etf. the erroneous report swiftly fuelled a substantial but fleeting surge in bitcoin's price, briefly reaching $30,000.
Bitcoin Price Spikes To 30k And Plunges Amidst Fake Spot Etf Approval News Bitcoin's price shot up on tuesday after the securities and exchange commission's (sec) official twitter x account appeared to announce approval for the cryptocurrency' s exchange traded. More than $80 million in derivatives positions have been liquidated in the past hour as bitcoin (btc) surged from $27,900 to $30,000 following an unverified about a spot etf approval. news. The price of bitcoin spiked and dipped following a fake post from the u.s. securities and exchange commission claiming it had approved the long awaited spot bitcoin exchange traded fund. bitcoin's price rose to around $47,950 before crashing to $45,285, according to the block's price page for bitcoin. On monday morning, bitcoin quickly spiked thousands of dollars, hitting as high as $30,000 on some cryptocurrency exchanges. why? because erroneous reports about the sec approving blackrock's.
Bitcoin Price Spikes To 30k And Plunges Amidst Fake Spot Etf Approval News The price of bitcoin spiked and dipped following a fake post from the u.s. securities and exchange commission claiming it had approved the long awaited spot bitcoin exchange traded fund. bitcoin's price rose to around $47,950 before crashing to $45,285, according to the block's price page for bitcoin. On monday morning, bitcoin quickly spiked thousands of dollars, hitting as high as $30,000 on some cryptocurrency exchanges. why? because erroneous reports about the sec approving blackrock's. The false twitter post by cointelegraph collected more than 500,000 views and made bitcoin surge to $30k on some popular cryptocurrency exchanges. the asset reached its highest high since august 9. later, cointelegraph released a clarifying statement to apologize for the tweet and deleted the false post. While experts forecast the us sec will approve a spot bitcoin etf within the next six months, the blackrock’s officials confirmed that it has not received a green light on its application . Bitcoin (btc) surged from $27,900 to $30,000 after a false report of a spot etf approval was posted on social app x, formerly twitter, leading to. Bitcoin spikes to highs of $30k amid fake spot etf news. blackrock has confirmed its spot bitcoin etf application remains under review. over $130 million shorts were liquidated as the price of bitcoin shot to near $30k on monday.