🚨🔥🔥🔥Bitcoin Surges Past 💲110K Amid Hacked Headlines and Global Momentum🔸
🔰Bitcoin briefly soared past the 💲110,000 mark on Monday, spurred by a combination of bullish🔋 sentiment and a misleading social media post. A tweet from the official X account of Paraguayan President Santiago Peña falsely claimed that Bitcoin had been declared legal tender in Paraguay and that the country had approved a 💲5 million BTC reserve. The announcement triggered a rapid 4%🔥 surge in Bitcoin🪙 price, as investors rushed in on the perceived institutional adoption news🔸
🔰However, the excitement was short-lived. Paraguay’s government quickly clarified that the president’s account 💸had been hacked and that the information was entirely fabricated. In a twist of irony, the wallet mentioned in the tweet contained less than 💲5, casting the entire episode as a cautionary tale about the power of misinformation in the crypto markets🔸
✅Despite the fake news, Bitcoin’s upward momentum remains supported by macroeconomic developments,✨ including ongoing US-China trade discussions and heightened activity in the London blockchain scene. These factors, combined with heightened investor interest, continue to push Bitcoin’s value higher🔸⬆️
🔰This incident underscores the importance of critical thinking and due diligence in the digital🔋 asset space. In crypto, even chaos can drive the market🌌—but long-term gains belong to informed and disciplined participants🔸.
