Hacked SEC Twitter Memoir Causes Bitcoin Label Descend
The SEC counterfeit sage drama caused vital volatility in the cryptocurrency market, with Bitcoin prices reaching a 19-month high of $47,900 sooner than shedding again to $45,100. The hacked SEC Twitter sage’s counterfeit recordsdata resulted in a sell-off as investors hastily reduced leverage and positions, waiting for the impact of the ETF on Bitcoin prices.
The SEC counterfeit sage drama caused vital volatility in the cryptocurrency market, with Bitcoin prices reaching a 19-month high of $47,900 sooner than shedding again to $45,100. The hacked SEC Twitter sage’s counterfeit recordsdata resulted in a sell-off as investors hastily reduced leverage and positions, waiting for the impact of the ETF on Bitcoin prices. Despite expectations of an ETF announcement between 16:00 and 17:00 ET on Wednesday, with the checklist space for Thursday, the approval is light unsure. The volatility drove up the RV (Realized Volatility). Smooth, it caused a diminutive tumble in IV (Implied Volatility), because the ETF has already been traded for over a month, and masses investors beget bet on it, ensuing in a high non permanent IV.
