Bitcoin sheds $50 billion in market capitalization after fake SEC ETF approval rattles market
Traders speculating on digital asset prices lost nearly $220 million during the past day.
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The global crypto market cap is $1.7 trillion, with a 24-hour volume of $91.93 billion. The price of Bitcoin is $45,395.44, and BTC market dominance is 52.5%. The price of Ethereum is $2,414.69, and ETH market dominance is 17.1%. The best-performing sector is Liquid Staking, which gained 14%. The Crypto Fear & Greed Index is currently Greed (73).
Top News
Bitcoin sheds $50 billion in market capitalization after fake SEC ETF approval rattles market
Traders speculating on digital asset prices lost nearly $220 million during the past day.
SEC announces Twitter account was compromised and ETFs have not been approved
Gary Gensler announced on Twitter the SEC account was compromised and the ETFs have NOT been approved yet.
Blackrock drops ETF fee to just 0.12% for first $5B in assets, 0.25% ongoing
Blackrock looks to offer one of the lowest fee among providers.
Latest Insights
SEC Twitter hoax sparks $2B Bitcoin transferred to exchanges in mayhem
Bitcoin nears all-time profitability peak with 91% supply now in the green
BITO registers near-historic Bitcoin inflow, indicating ETF market momentum
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Valkyrie executive 95% confident in Wednesday spot Bitcoin ETF approval
Valkyrie CIO and co-founder Steven McClurg expects approval on Jan. 10.
SEC faces congressional scrutiny after social media account hack exposes weak security
Social media platform X said the SEC account was compromised because it lacked vital security measures.
UK crypto investors warned of tax return penalties ahead of January deadline
Failure to submit the assessment promptly can incur a fixed penalty of £100, irrespective of tax liabilities.