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coinpedia 2024-01-10 04:53:29

SEC’s Fake News Sparks Bitcoin Volatility, RV Up, IV Down

The post SEC’s Fake News Sparks Bitcoin Volatility, RV Up, IV Down appeared first on Coinpedia Fintech News The SEC fake account drama caused significant volatility in the cryptocurrency market, with Bitcoin prices reaching a 19-month high of $47,900 before dropping back to $45,100. The hacked SEC Twitter account’s false news led to a sell-off as investors quickly reduced leverage and positions, anticipating the impact of the ETF on Bitcoin prices. Despite expectations …

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