Fake News Sparks Market Shock: Bitcoin Follows Wall Street’s Lead

A fabricated news report claiming US President Trump was considering a temporary pause in his trade war with China sent ripples through the US stock market. This fake headline led to a sharp surge, as seen in the S&P 500 index’s rise by over 3.36% within just an hour. Bitcoin also witnessed a noticeable uptick, mirroring this volatility and breaking past $81,251. The sudden shift raises questions about the impact of fake news on global markets. This analysis delves into market response and explores implications for the crypto sector.