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Mehab Qureshi

False SEC Approval Rumor Causes Cryptocurrency Market Dive

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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