Bitcoin pumped from under $28,000 to $30,000 within minutes earlier on Monday as unverified rumors that the US Securities and Exchange Commission (SEC) had approved asset management giant BlackRock’s iShares spot Bitcoin Exchange Traded Fund (ETF) application began circulating across social media.

In a now-deleted tweet, Cointelegraph’s Twitter account first reported the news. They then posted the same tweet again but added the word “reportedly” before also deleting that.

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