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Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level. It then fell as low as $45,400 as the tweets were found to be fake.
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Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations
![Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations](https://bankingandinsurance.in/wp-content/uploads/https://www.coindesk.com/resizer/xSmGNq_GXoi78R6sE3GsKTEv2FI=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/THI6RJU2YRHFPHLGERM4X2KHPA.jpg)
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Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level. It then fell as low as $45,400 as the tweets were found to be fake.
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Source link
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