I think we should always remember that at the moment there has not been any real fundamental news that really backing up the move of some of the crypto, especially BTC. Just like how Elon played with his popularity well when he could influence the price of BTC and Doge when he was still quite active on crypto. I think he made quite a lot of money taking advantage of his influence.
And then the recent Prank that was pulled by Cointelegraph which they made a tweet spreading the news that Blackrock Ishare Bitcoin ETF has been approved by the SEC.
The news certainly send a huge relief for all the crypto lover who have been waiting for a good breeze in thing long drought and long bear season. The Bitcoin price spiked quite a lot after that tweet, and then it was proven the tweet was misleading and false. The SEC has not approved the ETF just yet, after that the BTC price dumps again.
After the mishap, Cointelegraph received a lot of backlash since a lot of people got liquidated by that false news, and the prank they pulled hurt a lot of people.
