Cointelgraph recently announced that the price of Bitcoin has exceeded $30000. However, the price quickly fell back to $28200
Cointelgraph recently announced that the price of Bitcoin has exceeded $30000. However, the price quickly fell back to $28200. As we mentioned in the initial announcement, this may be fake news or related to platform hacking attacks. So, has the ETF been approved? Why did BTC decline?
Why did Bitcoin rise?
After the news of ETF approval spread, the BTC price exceeded $30000. However, FOX's Elenor Terrett has just confirmed that she contacted BlackRock a few minutes ago, and the news of ETF approval has been denied. Bloomberg analyst James Seyfhart also stated 10 minutes ago that this may be fake news. Cointelgraph has not removed the unconfirmed ETF approval statement.
From the trend of Bitcoin prices, we can see that investors believe Eleanor's statement. The last-minute statement issued by BlackRock or the US Securities and Exchange Commission may push the BTC price below $28000 or above $30000.
At present, due to Bloomberg experts being unable to confirm this news, no announcement on the Nasdaq website, and Fox News reporting that BlackRock denies it, this situation appears to be false.
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