
Title: Market Chaos as Fake Trump Plan to Pause Tariffs Momentarily Pumps Markets
**Insight**: 2 minutes ago
A sudden and unexpected surge in market value has been observed following a report suggesting that former US President Donald Trump is planning to temporarily halt the impending tariffs on China. This sudden shift in sentiment was met with both excitement and skepticism by cryptocurrency enthusiasts.
Market chaos ensued as investors scrambled to react to this news, with Bitcoin briefly dipping below $81,000 before quickly recovering and stabilizing around $78,400.
The sudden influx of capital into the market is attributed to a fake report circulating on social media, claiming that Trump’s administration plans to temporarily pause the tariffs imposed by China. This unexpected twist in the ongoing trade war has sparked both confusion and concern among market participants.
As news spread rapidly through financial channels and online forums, traders scrambled to adjust their positions, resulting in rapid price swings across various asset classes.
While some have speculated that this fake report may be a deliberate attempt to manipulate markets by certain influential forces, others remain skeptical of the sudden surge.
At press time, Bitcoin has stabilized at around $78,400, with Ethereum hovering just above $2,100.
Source: https://cryptoslate.com/insights/markets-flip-flop-as-fake-trump-plan-to-pause-tariffs-momentarily-pumps-markets/