This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
A rumor about a potential White House tariff pause sent markets into a frenzy, causing abrupt price swings in equities and cryptocurrencies. The speculation was quickly debunked as ‘fake news,’ leading to rapid reversals in gains.
- A rumor about a 90-day tariff pause caused the S&P 500 to briefly gain $3 trillion before losing $2.5 trillion in just 22 minutes.
- Bitcoin surged 7.2% to $81,200 before retracing most gains, highlighting extreme crypto market sensitivity to macro news.
- Analysts warn that headline-driven volatility could trigger further instability, with one tweet potentially causing 7% price swings.
📎 Related coverage from: newsbtc.com
Other Tags: Felix Jauvin, Julio Moreno, Larry Fink, Pentoshi, CNBC, European Union, The Kobeissi Letter, White House