SINGAPORE/LONDON—The dollar edged lower on Wednesday in cautious trading as investors awaited U.S. inflation data later this week, while bitcoin was volatile after a fake social media message was posted on the U.S. securities regulator’s account.
The Securities and Exchange Commission (SEC) said someone briefly accessed its X social media account and posted a false message saying it had approved exchange traded funds (ETFs) for bitcoin, a move eagerly awaited by the crypto industry. The SEC said it had not yet approved spot bitcoin ETFs.
