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Mehab Qureshi

MYSTERIOUS: False sec approval rumor causes cryptocurrency market dive - What They Never Told You

SEC United States Bitcoin BlackRock Crypto ETF Binance Jakub Porzycki Securities and Exchange Commission Michaël van de Poppe

Major cryptocurrencies on Tuesday evening, took a dive due to a false rumor circulating on X, claiming that the Securities and Exchange Commission (SEC) had given approval to BlackRock’s spot bitcoin ETF application. JAKUB PORZYCKI/GETTY IMAGES

Major cryptocurrencies on Tuesday evening, took a dive due to a false rumor circulating on X, claiming that the Securities and Exchange Commission (SEC) had given approval to BlackRock’s (NYSE:BLK) spot bitcoin ETF application. However, this information turned out to be false, leading to a decline in the cryptocurrency market.

Major cryptocurrencies on Tuesday evening, took a dive due to a false rumor circulating on X, claiming that the Securities and Exchange Commission (SEC) had given approval to BlackRock’s spot bitcoin ETF application. JAKUB PORZYCKI/GETTY IMAGES

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