Bitcoin Jumps, Then Dumps to $45K as Fake News About Spot Bitcoin Approval Liquidates $50M
Briefly

BTC first rallied 2.5% to a fresh 19-month high of $47,900 immediately following the official SEC account's shared on X (formerly Twitter) about the bitcoin ETF approval, attracting massive attention with crypto observers prematurely celebrating the landmark decision.
Then, bitcoin sharply declined nearly 6% to as low as $45,100 when it turned out the SEC's account was compromised, and SEC Chair Gary Gensler denied the news.
Read at Coindesk
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