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Huge Bitcoin Volatility Around Fake BlackRock ETF News
Bitcoin traders experienced heavy volatility across the European afternoon on Monday as the market reacted explosively to reports (later confirmed to be false) that the SEC had approved the BlackRock BTC ETF application. BTC prices were seen surging higher by more than 10% on the day before collapsing back as the reports were confirmed to be fake. The market action was fuelled by a breaking news tweet from prominent crypto news site CoinTelegraph which announced the apparent approval. CoinTelegraph Apology However, an hour later the tweet was removed and CoinTelegraph issued an apology for a tweet which “led to the ... (full story)