Bitcoin Price Prediction as ETF Deadline Ends Today – $100,000 BTC Incoming?

In a dramatic turn of events, Bitcoin, the most prominent cryptocurrency, recently witnessed a surge to nearly $48,000. This unexpected rise was triggered by a misleading tweet from the U.S. Securities and Exchange Commission (SEC), which falsely indicated the approval of Bitcoin exchange-traded funds (ETFs).

However, this surge was short-lived as the SEC promptly rectified the situation, confirming their social media account had been compromised and denying the approval of Bitcoin ETFs. This clarification led to Bitcoin’s price correcting to around $46,000.