Some one posted it few second earlier before yours.:

https://bt.irlbtc.com/view/5481017.msg63470230#msg63470230

And the price dropped immediately.  Although it seems to be recovering.  Seems like a stupid move to sell when there are potentially a huge amount of new demand.  But then again many of these traders aren't the sharpest.

The details are super sparse.

Perhaps, yes.  Eventually bitcoin will hit a price and stability where there is no need to get out of it and you can just remain in crypto.  Then the statist authoritarians will have to display their true colors even more than now.

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Now the SEC says this:
"SEC Twitter 'Compromised,' Chair Gensler Says After Account Said Bitcoin ETFs Approved"

https://www.coindesk.com/policy/2024/01/09/sec-twitter-compromised-chair-gensler-says-after-account-said-bitcoin-etfs-approved/

[moderator's note: consecutive posts merged]

I remember a few months back there was the coin telegraph tweet which said the blackrock etf was approved. Then the sec said not to trust any tweet unless it comes from the sec. And here now we got the SEC posting fake approvals and causing many people to lose money if they longed at the time of the tweet.

Even though it was quickly corrected, many people probably bought in anticipation of a larger rally and ended up getting liquidated when it turned out more and more people discovered it wasn’t a real tweet.

This is embarrassing. An important institution like the SEC doesn't have a simple mechanism to protect their account and this has led to such a disgraceful event. For me, I think SEC Chair Gary Gensler is lying that the SEC account was compromised. I think a staff who had access to the account made this tweet without authorisation from the Chairman and other top SEC officials. X released a statement that the SEC account was compromised due to any breach of their system. This shows that the SEC is covering up their mess.

Another perspective is that it was an approved tweet but some powerful politicians like the President might not be comfortable with approval and they mounted pressure on the SEC to deny the tweet. I guess we now have a higher possibility of disapproval because of the current situation. Some US Legislatures especially Republicans have been angered by this drama and might probe this shameful event.

Note the word ‘yet’ in the headline.

I do know that the ETF approval will definitely help spike bitcoin’s price just like what was showed when it was falsely announced however it would not be the only factor to help increase bitcoin’s price in the next following months it is definitely a good addition but not our only hope

Human are desperate when it comes to getting what they want. The hack of Gary Gensley x account must be from one of those institutions that wants to trade bitcoin because they have already stashed up their bags believing that today SEC will approve bitcoin ETF. This was why they had to do the hack to give false news to the public, so that within that period, the price of bitcoin will soar. Unfortunately for the hackers, not quite long that the rumor was in the air, was when Gary Gensley cleared the air that his x account was hacked. This means that no one is safe from these hackers if they mean to hack into any of your account, this is why we should be careful with our security when using the internet. I don't care about the approval of bitcoin ETF because it will be an attack on financial freedom.

The question arises in everyone's mind. So far there have been many messages about Bitcoin ETF, but there was no reason for the X account to be hacked. But yesterday when the Bitcoin ETF was approved, within 1 to 10 minutes it was revealed that the Twitter account had been hacked. In fact, Bitcoin ETF is a completely dramatic phenomenon. People will not believe this event anymore. I believe Bitcoin will move at its own pace.

Lol, I was expecting a similar drama, that Gensler is stubborn as F*ck, I knew he won't just announce the approve of the ETFs without creating a scene first.

Like how does it sound that the SEC twitter account got hacked? People that should know about security the most became the victim? I knew its a a cooked up story, they are trying to blame something else, I believe these bastards have a plan after all.

Even I always use 2FA on my twitter account, why would the SEC not use such security feature to secure its account? I hope Elon Musk brings some light on this Twitter hack excuse, I believe it's either a big plan or the SEC just lied about it.