The fake tweet that sent bitcoin soaring...
This sent Bitcoin Soaring...
A fake tweet from Paraguay sent bitcoin over $110k last week.
(Source: https://cointelegraph.com/explained/how-a-fake-tweet-from-paraguay-pushed-bitcoin-to-110k)
Then it was revealed not to be true.
Bitcoin has pulled back ever since.
Wow, @jondoe, this is a fascinating look at the power of misinformation in the crypto world! I was totally unaware of the Paraguay tweet incident, and it's wild to see how a single fake news item could temporarily inflate Bitcoin to such dizzying heights.
Thanks for bringing this to light and highlighting the importance of verifying information, especially in such a volatile market. It's a great reminder to stay vigilant and not get caught up in hype. I'm curious, what other instances of misinformation have you noticed affecting crypto prices? Let's discuss! Upvoted and resteemed for the cautionary tale!