Turmoil in Crypto Market — Misleading SEC Post Triggers Significant Bitcoin Volatility
January 10, 2024
Bitcoin’s value experienced a turbulent Tuesday, largely due to a rogue post from the U.S. Securities and Exchange Commission’s hijacked X account, mistakenly proclaiming the green light for all spot bitcoin exchange-traded funds (ETFs).
False Spot ETF Approval Post Causes Chaos in Bitcoin Markets
This erroneous message from the official Twitter of the U.S. Securities and Exchange Commission…