🚨 Alert: Crypto News Flash
Yesterday, a hack on the X account of the Paraguayan president shook the crypto market by announcing, without basis, the adoption of Bitcoin as legal tender and the creation of a BTC fund for USD 5M.
The government has already denied it and reinforced security measures. This false announcement caused brief spikes and drops in BTC due to market reaction.
Remember: always verify your information and don't let misinformation play a trick on you. 🔍
💥 These events often generate spikes in volatility in Bitcoin, both due to the reaction of bots and investors reacting to the viral message.
Although the announcement was false, it serves as a reminder of how misinformation can cause quick spasms in the asset's price.
Such situations underscore the need to listen to official sources and on-chain verification tools before reacting.