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Coin Telegraph

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Image Credit: Coin Telegraph

$2T fake tariff news pump shows ‘market is ready to ape’

  • A fake news post falsely claimed that the White House was considering a 90-day pause on tariffs, causing a market spike.
  • The S&P 500, Nasdaq, and Dow Jones all experienced significant gains in response to the rumored pause in tariffs.
  • Bitcoin prices also saw a temporary spike before falling back down.
  • Although the news was debunked, it revealed the market's readiness for positive trade negotiations and the potential for market rallies.

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