US Securities and Exchange Commission (SEC) Chairman Gary Gensler, in a statement on his social media account, reported that the SEC's X account was hacked and unauthorized sharing was made from there.

Rocket Launch in Bitcoin: $120,000 Target Locked! Rocket Launch in Bitcoin: $120,000 Target Locked!

Chairman Gensler noted that the SEC has not yet approved the listing and trading of products traded on the spot Bitcoin exchange.

Minutes before Gensler's statement, the SEC's official X account shared that spot Bitcoin ETFs were approved.

While the price of Bitcoin approached 48 thousand dollars after the post in question, it fell below 46 thousand dollars after the news was denied.