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Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations

Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level. It then fell as low as $45,400 as the tweets were found to be fake.

Updated Mar 8, 2024, 7:35 p.m. Published Jan 10, 2024, 7:30 a.m.
SEC headquarters (Nikhilesh De/CoinDesk)
SEC headquarters (Nikhilesh De/CoinDesk)