How Billions Are Lost on Unverified News: The Impact of Misinformation on Markets and Investments

⚠️ How billions are lost on unverified news:

Reuters reported that the introduction of 25% tariffs for Canada and Mexico was postponed until March 1, based on information from “anonymous sources.” Donald Trump has already called this inaccurate.

👀 However, the White House press secretary denied the claim, stating that the tariffs will take effect on February 1.

🔽 But it was too late—after the mass publication of this “fake” news, the S&P 500 index lost over $400 billion.

BTC dropped slightly to $102K, though it’s unclear why—but we’re holding steady for now. Turns out, volatile crypto is more stable than major company stocks. 😂