Investing in cryptocurrencies is slowly getting into the mainstream, and setting up a crypto wallet is almost as easy as opening a savings account with a bank. It is still certainly not as safe as it might seem in the last few months, when bitcoin broke one record after another – and other currencies followed.
Probably just one unconfirmed tweet was enough to send a bitcoin to $ 51,000 in one hour, and ethereum fell below $ 2,000 for a while and wiped about $ 290 billion from the cryptocurrency market at one point.
Tweet, which supported the current decline in cryptocurrencies, posted an FXHedge account on Twitter. The unconfirmed report states that the US Treasury Department plans to charge several financial institutions with money laundering using cryptocurrencies.
U.S. TREASURY TO CHARGE SEVERAL FINANCIAL INSTITUTIONS FOR MONEY LAUNDERING USING CRYPTOCURRENCIES -SOURCES
— FXHedge (@Fxhedgers) April 18, 2021
However, the FXHedge account has several times come up with unconfirmed reports, which were eventually refuted.
If the report is not officially confirmed, cryptocurrency owners are unlikely to despair for long. One enthusiastic tweet from Elon Muska bitcoin will be enough to break the new record again.