Gensler Says SEC Twitter Account Was Compromised, Bitcoin ETFs Not Approved By Investing.com
From Investing.com:
The SEC’s official Twitter account was compromised, leading to a false report that Bitcoin ETFs were approved. SEC Chairman Gary Gensler clarified that the tweet was unauthorized and that the SEC has not approved Bitcoin ETFs for listing and trading.
As a result of the false report, Bitcoin price initially spiked higher but is now down about 2.7% to $45,784.74. Coinbase is also down 1.4% following the misinformation.
Read more: Gensler Says SEC Twitter Account Was Compromised, Bitcoin ETFs Not Approved By Investing.com