Disseminating fake news like this has a significant impact on the market, and it does not always end well. Cointelegraph made a significant mistake here, but it was too late for the market not to react to the news before it was debunked.  I believe there is already an investigation underway to determine the true cause of this news and what happened to have circulated this news by one of their news publishers. This is an interesting example as well as an expectation to show how the market will react to similar news in the future.

Yes they are in fact there is another news that says "Fake BlackRock Bitcoin ETF Report Triggers $65M BTC Liquidation" - https://coinmarketcap.com/community/articles/652d69a57805ef4e3ac9c183/

Cascade of Bitcoin liquidation crosses $71 million
According to data from Coinglass, the cascade of liquidations totaled $71.36 million as the brief crypto rally rapidly reversed course. The overall liquidation at press time ever since the fake news dropped stood at $114.7 million.

Lookonchain data showed that the FOMO caused many users to lose money. A whale bought 20.5 WBTC using 613,201 USDC. However, they would sell it for a loss of $49k in just 10 minutes.

This painful lesson highlights the risks inherent in reacting hastily to unverified information in a volatile crypto market. While potential SEC approval of a Bitcoin ETF generates great excitement, traders must exercise caution when momentum spikes on flimsy evidence. - https://thebittimes.com/fake-blackrock-bitcoin-etf-report-triggers-65m-btc-liquidation-tbt66584.html

The prevailing conspiracy theory is that the "intern" responsible for the tweet had a Rollbit account in which they placed a 1,000x long on Bitcoin moments prior to publishing the tweet (I think it lets you have even higher leverage than that, which indeed makes it completely like gambling and not at all like trading). Of course there is no evidence to support the conspiracy, but its highly likely some sort of shenanigans took place.

Let's say this news didn't take place. BTC was already showing up movement. I don't know why those people went on shorting. I feel sorry for them though but I know others and Myself still benefited from it regardless. Used smart trend and came out of it immediately to avoid getting liquidated

+1 only one who knows how to think? 

Although apology was tendered, the damages have already been done. Cointelegraph has remained a go-to, for people who wanted updates on the events in the Blockchain space and following closely on the legals with all Bitcoin related suits, it was almost impossible to believe that a renound firm as Cointelegraph will peddle such a fake news irrespective of whoever pepetrated the act. It further goes to say that one has to always "Do Your Own Research" as it is necessarily said in the crypto space.