Bitcoin Fluctuates Amid Market Volatility Linked to Tariff Rumors
The market experienced significant volatility, with the Nasdaq fluctuating between a 5% loss and gain before stabilizing. This was triggered by a rumor regarding President Trump's potential delay of tariffs.
Key points include:
- The White House denied the tariff delay rumor, labeling it as "fake news."
- Bitcoin's price briefly surged from $74,400 to over $80,000 before settling around $79,000, a 4.3% decline over 24 hours.
- Ether is down more than 11%, and XRP dropped 9.3%.
- EU Commissioner Ursula von der Leyen indicated willingness to negotiate with the U.S. on tariffs.
- President Trump stated that countries worldwide are engaging in talks, mentioning Japan's involvement.