It was a wild ninety minutes in the markets, with the Nasdaq swinging from about a 5% loss to a 5% gain and then returning to the flat in a very fast order in a story-the White House-that President Trump later denied a ninety-day delay in implementing his tariff regime for all countries except China.
“Fake news,” White House Press Secretary Caroline Leavitt said in response to gossip delays.
Swing also touched cryptos, with Bitcoin (BTC) rising from $ 74,400 to above $ 80,000 before retreating back to $ 79,000, still 4.3% in the past 24 hours. Ether (Ether) remains less than 11%, while XRP drops by 9.3%.
In the midst of continuous panic in the market, there are some green shoots though, along with the European Union Commissioner Ursula von der leyen says“Europe is ready to negotiate with the US,” including offering a zero-for zero tariff on industrial goods.
Meanwhile, President Trump said“Countries from around the world are talking to us,” and claimed that Japan sends a “top team” to organize.
