The cryptocurrency & Asian stock markets shred-off brutally earlier today after United States President Donald Trump revealed that he & his wife have been tested positive for Coronavirus.
Within an official tweet published, Trump added that he & First Lady Melania Trump have been tested positive for coronavirus & they would now begin their quarantine process “immediately.”
“We will get through this TOGETHER!,” Trump officially tweeted.
After this news, the Australia ASX All Ordinaries is already down by around 1.35%. While the United States markets, S&P 500 futures fell about 2%.
Gold is up 0.32% on the day, presently trading at a price of around $1908 USD after falling to a price of around $1888 USD in early Asian trading hours.
Bitcoin [BTC] is additionally down by 1.9%, having fallen from around $10,678 USD to around $10,475 USD, at the reporting time.
The price action comes several hours after a 3.7% fall on news that United States officials revealed that BitMEX owner Arthur Hayes along with several other company executives is charged for the violation of KYC [know-your-customer] and derivatives trading laws.
Trump will quarantine as he enters the last month of his reelection bid. His major-party opponent, the Democratic nominee, and former vice-chairman Joe Biden has been touring the midwestern states following a debate with Trump earlier on Tuesday.