๐ $BTC Bitcoin Blasts Past $110K โ๏ธ! ๐ค
What's Behind the Surge? ๐ค
๐ข Presidential Post Sparks Frenzy! ๐ฒ The X (Twitter) account of Paraguayan President Santiago Peรฑa was hacked, with a fake announcement claiming:
โ Bitcoin is now LEGAL TENDER in Paraguay! ๐ต๐พ
โ $5M BTC reserve established! ๐ธ
โ โBond accessโ for crypto citizens! ๐
โ A wallet address to โsecure your stakeโ! ๐
๐จ The Truth Revealed! ๐ Official sources quickly denied the claims, and the tweet was deleted within minutes. The wallet shared had a whopping... $4 in it! ๐ณ Classic social engineering scam! ๐ซ
๐ Market Reacts Despite the Hoax! ๐ Bitcoin spiked 4%, crossing $110,000! Fueling the rise:
๐ Positive U.S.โChina trade talks in London! ๐
๐ Broader risk-on sentiment in global markets! ๐
๐ Traders reacted to the headline, not the source! ๐ฐ
๐ Not the First Time! ๐ฅ In 2020, verified Twitter accounts of Joe Biden, Obama & others were hacked to push Bitcoin scams! ๐ธ Victims lost over $100K! ๐ฑ
๐ Whatโs Next for BTC? ๐ฎ Bitcoin is holding above $110K with strong momentum! Eyes now on:
๐น Real-world adoption! ๐
๐น Institutional inflows! ๐ฐ
๐น Upcoming macro events! ๐
๐ง Lesson Learned! ๐ In crypto, narratives move markets โ even fake ones! But only truth sustains the trend! ๐ Stay informed, stay ahead! ๐ก
