Bitcoin Settles Above $28K After the $2K Rollecoaster Induced by the Fake BTC ETF News (Market Watch)

Bitcoin went on a tear yesterday by surging by over $2,000 in minutes but just as quickly lost those gains following the confirmation about fake news in regards to a spot BTC ETF.

Reports emerged that the SEC had finally greenlighted a spot BTC ETF in the States, a move anticipated by numerous industry participants. The news sent shockwaves across the market, and bitcoinThis is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:However, the reports were quickly refuted, and the asset fell back down toward $28,000.

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Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove FalseMeanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI, and CPI Data.
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Crypto Markets Add $30B in Hours as Bitcoin Price Explodes Toward $28K (Market Watch)Crypto Blog
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