Bitcoin Spikes on False ETF Approval Rumors Before Settling Above $28K as Long-Term Holders Accumulate
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Bitcoin hovers above $28K after false report of SEC approving a spot bitcoin ETF pushed prices up briefly
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Prices surged toward $30K after Cointelegraph tweet claimed SEC approval, but sources quickly denied it
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Total bitcoin liquidations in last 12 hours hit $137M, with longs at $45.6M and shorts at $91M
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Data shows bitcoin holdings by long-term investors reaching record levels, while Ethereum gas usage drops
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Stocks trend upward as diplomatic efforts try to contain Israel-Hamas conflict; Yellen says high rates may persist
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