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Bitcoin Pumps'n'Dumps After SEC Spot ETF Confirmation Denied

From zerohedge.com

Just as we suspected, the CoinTelegraph tweet appears to be incorrect as Fox's Eleanor Terrett confirms. BlackRock has just confirmed to me that this is false. Their application is still under review. Oops! Cointelegraph edits tweet, adding 'reportedly'. Which has pushed Bitcoin back down to $28k. {chart} Following the surge in crude oil, gold, and bonds late last week as tension escalated in the Middle East, it appears Bitcoin is the latest to feel the squeezey alternate/safe-haven flows as the crypto currency has exploded higher this morning, topping $30,000 for the first time since August. {chart} This moves comes ... (full story)

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  • Category: Fundamental Analysis