SEC Approves Bitcoin-ETP, Causing Volatility Spike
The US Securities Commission (SEC) has given its stamp of approval for the Bitcoin Exchange-Traded Product (ETP), according to a recent announcement. This news sparked a surge of volatility in the market, serving as a reminder of how susceptible short-term traders can be to sudden market fluctuations. The initial fake announcement heightened the uncertainty, leading to a spike in volatility. This serves as a stark reminder that traders should remain cautious and vigilant in response to news-driven price movements(source).
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