Bitcoin Soars to $30,000 Monday After Spot ETF Rumor, Then Crashes, Liquidating $81M In Positions

Bitcoin (CRYPTO: BTC) experienced a price surge from $27,900 to $30,000 Monday due to a misleading announcement about a spot ETF approval on the social platform X, formerly known as Twitter. This misinformation resulted in approximately $100 million in liquidations within an hour.


Sentiment Result : Negative

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