Santiment: “While Bitcoin Falls After Fake ETF News, These Five Altcoins Attracted Attention with Their Rise! Must Be Followed!”

SEC The official X page posted yesterday that sports Bitcoin ETFs were approved and BTC and upward movement began in the market.

However, minutes after this post SEC Chairman Gary Gensler It was announced that the approval news was fake and that the ETFs were not actually approved, that the SEC’s official X account was hacked and that the sharing was not made by the SEC.

After this statement, the price approached 48,000 dollars. Bitcoinexperienced a sharp decline and fell to $ 44,700.

However, despite the decline in Bitcoin, some altcoins It attracted the attention of investors with its rise.

Examining altcoins that are on the rise despite the decline in BTC centimeterthese altcoins Ethereum (ETH), Aave (AAVE), Lido (LDO), HEX and PEPE said that.

“Following the SEC’s false announcement regarding spot Bitcoin ETF approvals, the cryptocurrency community has turned its full attention to BTC.

However, despite Bitcoin falling to $45,000, there were altcoins that experienced a rapid rise.

These altcoins are worth following.”

Finally, Santiment warned investors that Bitcoin was the focus of the market and “While these altcoin rallies are pleasing to many who trade in more speculative assets today, keep in mind that the lack of confidence in the cryptocurrency market’s largest asset will inevitably lead to the decline of many market values ​​that are tied to the price of BTC. “ said.

👀📊 All eyes of the #crypto community shifted toward $BTC after the #SEC‘s false announcement of #BitcoinETF approvals. However, it has been #altcoins that have quickly seen major surges despite #Bitcoin declining as low as $45.4K. Though a multi-day #altcoinparty

(Cont) 👇 pic.twitter.com/qtAw2Ugi7t

— Santiment (@santimentfeed) January 10, 2024

*This is not investment advice.