Bitcoin markets, ethereum, stock markets rise and drowned after a false report on a 90 -day tariff pause

On April 7, 2025, the markets were thrown into the turmoil after a bloomer The report claimed that President Donald Trump was considering a 90 -day stoppage on global definitions. Rumors, based on an interview with the White House economic advisor Kevin Haysit, caused an increase in cryptocurrencies and stock markets quickly before reversing the session when the news was exposed.

Bitcoin, Ethereum and XRP saw all sharp nails in their prices. Bitcoin rose from less than 76,000 dollars to the highest level of 80,818 dollars inside 35 minutes. ETHEREUM jumped from $ 1,486 to $ 1,608, while XRP rose from $ 1.76 to $ 1.97. Likewise, the main stock indicators such as the S&P 500, Dow and Nasdaq moved to a positive area after the start of the day with losses. However, the assembly was brief, and all the markets soon were corrected as soon as the news was wrong.

The initial report, which is amplified by the main social media accounts and news outlets, is hurring Hassett’s comments in an interview with Fox News. Reuters, based on this information, was falsely managing a false title that Trump was considering stopping the customs tariff, which leads to the outbreak of market activity. The news spread quickly on X (Twitter previously), with major novels like Walter Bloomberg and Zerohedget information, causing a huge reaction in the market.

Soon after, the White House answered, Signs The report “Fake News” assures CNBC that no such policy has been considered. Fox News did not mention an introductory stop for 90 days, and the White House explained that no official discussions took place. With the exposure of the news, the Bitcoin price decreased to $ 78,565, a 5 % decrease from an increase earlier, while ETHEREUM and XRP also decreased from its highest levels.

The fluctuation extended to the traditional markets as well. SPDR S & P 500 ETF TRUST (SPY) has seen a sharp decrease, erasing about $ 2 trillion, while futures in Nasdaq witnessed a major swing. Analysts have attributed many disorders to algorithm and speculative sites, which were operated by a misleading report. The first gathering, which was led by the uninterrupted news, was short -term as the market was corrected after the White House was clarified.

This incident highlighted the increasing impact of social media and trade that depends on the address in the financial markets. He also emphasized the sensitivity of the markets to rumors, especially when these rumors relate to an important policy such as definitions. Although the cessation of the customs tariff was never serious, the dramatic market swings that led to the risk of rapidly unjust information in the digital age.