Bitcoin prices experienced significant volatility due to false information from the SEC.

Affected by the false news of 'Bitcoin spot ETF approved' posted on the compromised official SEC Twitter account on January 10, Bitcoin prices experienced significant fluctuations. After rising to nearly $48,000, it quickly dropped below $45,000, with a short-term fluctuation of almost 10%. Currently, it is trading at around $45,800, with a 2.7% decrease in the past 24 hours. According to Coinglass data, the Bitcoin market saw liquidations of approximately $56.2 million in the past hour, with long positions accounting for about 60%.