An "unauthorized" post from the SEC's official Twitter account fueled the hopes of the crypto community. Bitcoin immediately rose rapidly to $47,800.
Milestones
The Fake Tweet
The fake message wrongly indicating the approval of a Bitcoin spot ETF was posted on the SEC's official account, as follows...
"Today the SEC grants approval of Bitcoin ETFs for listing on all registered national securities exchanges."
"Approved Bitcoin ETFs will be subject to ongoing monitoring and compliance measures to ensure continued investor protection."
BTC rise
Since the false tweet, the price of bitcoin rose from 46,650 to 47,800 dollars
Gary Gensler denied the publication
The @SECGov Twitter account was compromised and an unauthorized tweet was posted.
This is how the president of the United States Securities and Exchange Commission expressed himself.
And he added "The SEC has not approved the listing or marketing of products traded on the Bitcoin spot exchange", clarifying the incident.
BTC falls
By denying the publication, bitcoin quickly fell to 44,900, shortly falling back to $45,800.
The impact of this price fluctuation was significant. More than $90 million in leveraged Bitcoin positions were liquidated, contributing to a total of $230 million in liquidations across various cryptocurrencies.
Expectations surrounding the potential approval of a Bitcoin spot ETF are steadily increasing.
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