Be careful of fake news in crypto!

🔸 Bitcoin spot #ETF approval rumours and fake news took the market by surprise and BTC price went up based on this fake news. Later BlackRock confirmed that their Spot Bitcoin ETF application is still under review and it's not approved yet.

🔸 After it was confirmed that the #SPOT ETF approval news was fake BTC price dropped from around $30,000 to $28,168. This rumour might have made some traders quick money but many may have lost their money in this too.

🔸 Be very careful whenever you hear a news or rumour about something big that may happen but try to confirm that news from official sources always before taking any trade based on rumours.

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