Stocks, Bitcoin V on Trump U-turn Rumors
Portfolio Pulse from
Markets experienced rapid fluctuations after White House economic adviser Kevin Hassett suggested President Trump might implement a 90-day tariff pause, excluding China. Bitcoin saw a quick surge from $75,000 to $80,000, while the Nasdaq recovered from a significant downturn.
April 07, 2025 | 2:45 pm
News sentiment analysis
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POSITIVE IMPACT
Bitcoin experienced a rapid $5,000 price increase following rumors of potential tariff pauses, indicating market sensitivity to trade policy speculation.
Speculation about trade policy changes triggered immediate positive market sentiment, causing Bitcoin to quickly appreciate by approximately 6.7%.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 90