Bitcoin (BTC) experienced a sudden surge to $30,000, only to plummet just as quickly, after rumors circulated that the Securities and Exchange Commission (SEC) had given its approval for Blackrock’s iShares Bitcoin spot ETF. The speculation began when Reuters featured a headline stating, “Breaking: BTC Prices Surge on Rumors of Bitcoin ETF Approval.” The cryptocurrency The post BTC Recoils After Skyrocketing to $30,000 on Fake Bitcoin ETF Approval appeared first on CoinGape .
