Well, Cointelegraph lost a lot of credibility with this "fake" news that were posted online. The SEC said, they will post something on their official communication channels, if there are something that needs to be reported.
The Bitcoin price climbed a little bit and now it recovered and someone made a little bit of profit.... and everything is back to normal.
The lesson that we should take away from this ===> Verify all news, before you react to it.
Absolutely right, any significant news should be checked on official sources. In this case, manipulators played on the expectations of traders, and those who hurried and did not check the official information most likely could have lost money. Haste is bad when it comes to your money. But Bitcoin continued to grow, and now it seems to me that it’s time to adjust after such good growth, especially when there are those who believe in further growth. )