Why Bitcoin Price (BTC) swing almost 10% in minutes?

Ninety wild minutes have passed in the markets, with the Nasdaq swinging from a loss of approximately 5% to a profit of 5% and then returned to Flat in a very fast order in a story, then denied by the White House, that President Trump was considering a delay of ninety days in the implementation of his rate regime for all countries, except China.

“False news,” said White House Secretary Caroline Leavitt, in response to the delay rumor.

The swing also touched crypts, with Bitcoin (BTC) increasing from $ 74,400 to more than $ 80,000 before retiring to $ 79,000, even lower by 4.3% in the last 24 hours. Ethher (ETH) remains lower by more than 11%, while XRP has dropped 9.3%.

However, in the middle of the ongoing market panic, there are some green shoots, with the European Union commissioner, Ursula von der Leyen, “Europe is ready to negotiate with the United States”, including the offer of zero tariffs by zero on industrial goods.

Meanwhile, President Trump said: “Countries around us are talking to us” and said Japan is sending a “superior team” to negotiate.



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