The false post appeared on the SEC’s official X account shortly after 16:00 Washington time (21:00 GMT). It said the regulator “grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges”. The post was immediately picked up and quoted by social media users and business news outlets. The Securities and Exchange Commission (SEC) later deleted the post and said its account had been “compromised”. The social media platform has said the compromised account was not due to a breach of its systems. Bitcoin jumped to almost $48,000 (£37,800) immediately after the erroneous post before falling back to around $46,000. Do you think that the prices chnages are mostly caused by manipulation in the market ?
