Gary Gensler Remains Resolute Amidst Fake News and Rumors

1 min read
Source: BeInCrypto
Gary Gensler Remains Resolute Amidst Fake News and Rumors
Photo: BeInCrypto
TL;DR

Fake news regarding the resignation of SEC chair Gary Gensler has been circulating in the crypto community, causing initial excitement. However, the news has been debunked, revealing that it was generated by artificial intelligence. Following the clarification, around $15 billion reentered the crypto markets, driving the total market capitalization to $1.25 trillion. Bitcoin remained relatively flat, while Ethereum saw a 1.7% increase in value.

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