MUSK VS TRUMP FEUD FUELS CRYPTO CRASH!

The cryptocurrency market is experiencing a significant downturn due to the escalating feud between Elon Musk and Donald Trump. This public spat has introduced uncertainty and volatility into the market, leading to a sharp decline in cryptocurrency prices.

Key Affected Cryptocurrencies:

Bitcoin: Dropped 2.4% to $101,895, with a crucial support zone between $100,700 and $98,000.

Ethereum: Plummeted 6.6% to $2,424.

Dogecoin: Crashed 7.9%, with some reports indicating a nearly 20% drop.

Market Impact:

Total Liquidations: Nearly $1 billion in leveraged positions were wiped out in 24 hours.

Market Capitalization: The total crypto market cap dropped 3.42% to $3.18 trillion, with a 5.1% decline in market capitalization, erasing over $170 billion in total market value.

Investor Sentiment: Investor confidence has been shaken, with some analysts speculating that the bearish reaction is temporary and the market might stabilize if the feud cools off .#MarketPullback #BlackRockETHPurchase #TrumpTariffs #ElonMuskTalks #ElonMuskTwitter