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Was Monday's Bitcoin Pump Dump Planned? Crypto Analyst Urges SEC Investigation

source-logo  coingape.com 18 October 2023 07:21, UTC

Sudden spike in Bitcoin price on Monday as fake spot Bitcoin ETF approval news surfaced has continued to baffle the crypto community. Bitcoin’s whirlwind featured an abrupt surge to $30,000, triggered by rumors of the SEC approving Blackrock’s iShares Bitcoin spot ETF. However, this excitement quickly turned to disappointment as Blackrock denied the claims, sending Bitcoin plummeting back to $28,100 in minutes.

coingape.com