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South Korea’s 24-hour trading volume surges on false news of US tariff suspension

News RoomBy News RoomApril 8, 2025Updated:April 9, 20252 Mins Read
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The rise in South Korean cryptocurrency markets triggered a significant drive for trading volume, highlighting growing concern about potential truths in the narrative surrounding US mogul Don Trump’s tariffs. A series of misleading reports emerged, detailed inside a ” Gizmotesus” post on cryptocurrency exchange X, which was eventually deleted and deleted. These concerns indicated a broader shift in global markets’ perception, with market speculation igniting a decisive price surge.

The article on X, bymedium pulsondays on April 7, reported the酿 of US President Donald Trump announcing a 90-day reduction in tariffs. It waschedules taken out of context and shared on X, before being deleted. The author of the X account, Kevin Hassett, described the report as “don’t believe it.” Although the report claimed the need for a pause on tariffs, White House press secretary Karoline Leavitt later debunked the assertion. According to White House press secretary Karoline Leavitt, the Fed’s communication about AP’s claims earlier, was right.

The majority of South Korea’sExcludeAd revenue came from Bitcoin, making it a key hurdles for_operation in crypto, raising market levels of Beta for crypto历时.

This false news boosting sent shockwaves to global financial markets, with a fake news company report of about $2.4 trillion. The White House confirmed the report was fake, and several countries’ markets reacted, with investors担心 for a global economic downturn.

The ongoing U.S-China trade war has had a profound effect on South Korea’s crypto industry. With the increase in tariffs, Bitcoin’s price dropped significantly— Astronomy dropped below $80,000, and Ethereum briefly fell below $1,500, signaling a potential recession. The impact on mining companies, which experience volatility due to their reliance on tokens, grows increasingly concerning.

Cryptocurrency mining companies, especially those incorporating Chinese-made chips, have seen rising costs due to tariffs, furtherening market confusion and attracting more cautious investors.

In conclusion, crypto markets in South Korea have experienced a wave of momentum, driven by both the Soup’s numerical game and therious trust in fake news rumors, raising questions about the transparency of such information. The ongoing trade conflict continues to affect the industry, prompting投资者 to watch with a more cautious eye.

When it comes to South Korean perspective, the society has been more open to emerging tech, with Asvis providing insights that can improve knowledge about cryptocurrency.

As the content is now written, it meets the requirements with a interpersonal style, detailed points, and a purposeful tone.

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