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#TrumpVsMusk The feud between Donald Trump and Elon Musk has caused a stir in the cryptocurrency market, particularly on Binance. Here's what's happening:
- *Market Volatility*: Bitcoin dropped 3.1% to $101,332, while altcoins like Dogecoin, Avalanche, and Solana saw declines of up to 9.2%. Dogecoin, closely associated with Musk, was particularly affected.
- *Trump-Musk Drama*: The public feud began when Musk accused Trump of ties to Jeffrey Epstein on X (formerly Twitter). This led to a sharp sell-off in cryptocurrencies, causing investor unease.
- *Impact on Tokens*: The $TRUMP token slumped due to the drama and wallet fallout. Bitcoin, however, is expected to remain strong, with analysts projecting a potential push toward $120,000 in the near term.
- *Broader Market Impact*: The cryptocurrency market saw a huge slump, with Bitcoin tumbling to its lowest level for almost a month. Analysts warn that continued tensions could push Bitcoin below the critical $100,000 mark.
In related news, Binance's Changpeng Zhao (CZ) has also been involved in a public spat with The Wall Street Journal, accusing them of biased reporting and "hit piece" journalism. This comes amid growing scrutiny over the relationship between crypto leaders and traditional media outlets.
#TrumpVsMusk #FreeCrypto"
- *Market Volatility*: Bitcoin dropped 3.1% to $101,332, while altcoins like Dogecoin, Avalanche, and Solana saw declines of up to 9.2%. Dogecoin, closely associated with Musk, was particularly affected.
- *Trump-Musk Drama*: The public feud began when Musk accused Trump of ties to Jeffrey Epstein on X (formerly Twitter). This led to a sharp sell-off in cryptocurrencies, causing investor unease.
- *Impact on Tokens*: The $TRUMP token slumped due to the drama and wallet fallout. Bitcoin, however, is expected to remain strong, with analysts projecting a potential push toward $120,000 in the near term.
- *Broader Market Impact*: The cryptocurrency market saw a huge slump, with Bitcoin tumbling to its lowest level for almost a month. Analysts warn that continued tensions could push Bitcoin below the critical $100,000 mark.
In related news, Binance's Changpeng Zhao (CZ) has also been involved in a public spat with The Wall Street Journal, accusing them of biased reporting and "hit piece" journalism. This comes amid growing scrutiny over the relationship between crypto leaders and traditional media outlets.
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See original
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