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Bitcoin Price Regains Momentum Amid ETF Hopes
Bitcoin price surged briefly to $30,000 as respected media outlets published some ETF fake news. The BTC/USD pair retreated to $28,585, still, its highest point on October 2nd. It has jumped by more than $3,000 from the lowest level in September. Bitcoin ETF news Bitcoin jumped after several media companies reported that the Securities and Exchange Commission (SEC) had approved the iShares Bitcoin Trust by Blackrock. The news trended in key social media networks like Twitter and StockTwits, pushing many traders to buy Bitcoin and other coins. The news was fake and the SEC is still reviewing applications by other ... (full story)