The price of Bitcoin, a cryptocurrency, surged to nearly $48,000 on Tuesday after a fake post from the U.S Securities and Exchange Commission surfaced on social media suggesting Bitcoins ETFS were approved. However, the hike did not last as Bitcoin’s price hovered below $45,000 early Wednesday after the SEC confirmed its accounts were compromised. Bitcoin price hovered below $45,000 early Wednesday after the Securities and Exchange Commission’s social media account was compromised late Tuesday, leading to a misleading post that said spot bitcoin ETFs were approved. Bitcoin leapt near $48,000 o…

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