TrumpMuskMove
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Trump-Musk Spat Sees Bitcoin Tumble, Liquidating $308M in Longs...
Yo, crypto fam! 🚨 Bitcoin just took a hit, dipping nearly 3% in the last 24 hours and liquidating a whopping $308 million in long positions 🤯. The price drop is linked to the intensifying feud between US President Donald Trump and Elon Musk, with Bitcoin plummeting from $105,915 to $100,500 in just hours 💸.
Current Price: Bitcoin is currently holding above $102,000, with a price of $102,180 according to CoinMarketCap 📊. However, another source indicates the current price is around $104,320.90.¹
What's behind the drop?²
- Trump-Musk spat: The tension between Trump and Musk is causing market volatility, with Musk warning of a potential recession due to Trump's global tariff plans 🚨.
- Long-term holders selling: Those holding Bitcoin for over 155 days are selling to lock in profits, adding to the sell pressure 📉.
- Broader market trend: The crypto market cap dropped, with leveraged liquidations reaching $714 million across 213,337 traders 💸.
Other affected cryptocurrencies:
- Ethereum (ETH): dropped 7.25% 📉
- XRP: fell 4.35% 💸
- Solana (SOL): slid 5.20% 🌪️
Total Liquidations: The broader crypto market saw total liquidations of $982.55 million over the past 24 hours, with long positions accounting for $891.63 million 💸. Stay tuned for more updates on this developing story!
Follow me for more updates...
$BTC
$ETH
$XRP
#TrumpMuskMove
#TrumpVsMusk
#MarketPullback #CircleIPO
#CUDISBinanceTGE
Current Price: Bitcoin is currently holding above $102,000, with a price of $102,180 according to CoinMarketCap 📊. However, another source indicates the current price is around $104,320.90.¹
What's behind the drop?²
- Trump-Musk spat: The tension between Trump and Musk is causing market volatility, with Musk warning of a potential recession due to Trump's global tariff plans 🚨.
- Long-term holders selling: Those holding Bitcoin for over 155 days are selling to lock in profits, adding to the sell pressure 📉.
- Broader market trend: The crypto market cap dropped, with leveraged liquidations reaching $714 million across 213,337 traders 💸.
Other affected cryptocurrencies:
- Ethereum (ETH): dropped 7.25% 📉
- XRP: fell 4.35% 💸
- Solana (SOL): slid 5.20% 🌪️
Total Liquidations: The broader crypto market saw total liquidations of $982.55 million over the past 24 hours, with long positions accounting for $891.63 million 💸. Stay tuned for more updates on this developing story!
Follow me for more updates...
$BTC
$ETH
$XRP
#TrumpMuskMove
#TrumpVsMusk
#MarketPullback #CircleIPO
#CUDISBinanceTGE
See original
Wadood555:
very well said
See original
🚨 DOUBLE STRIKE: TRUMP AND THE FED ARE CHANGING THE RULES
OF THE GAME! 🚨
➤ TRUMP INTRODUCES "MASK MODE": CONTROL OVER USAID
US President Donald Trump shocked the world by assigning Elon Musk — CEO of Tesla and SpaceX — to oversee the effectiveness of the U.S. Agency for International Development (USAID).
This decision has raised a storm of questions:
- 🔥 Why Musk? His experience in innovation and process optimization could "reboot" the bureaucratic system of USAID.
- 🌍 Cryptocurrencies in focus: Analysts suggest that Musk is lobbying for the integration of blockchain into the agency's humanitarian projects.
- ⚠️ Risks: Conflict of interest — will Musk's companies receive priority in tenders?
➤ FED BOSTIC: RATES WON'T FALL — WHAT ABOUT CRYPTO?
Fed Chair Raphael Bostic stated: "I am willing to wait longer before lowering rates."
This means:
- 💸 Expensive loans will persist — pressure on risky assets, including cryptocurrencies.
- 📉 Correction of BTC/ETH is possible, but long-term investors can use dips to accumulate.
- 🛡️ Crypto as a hedge: In high inflation, Bitcoin may once again become "digital gold."
- Knight's move: If USAID implements crypto payments, $XRP , $XLM , and $LINK will soar.
#TrumpMuskMove #FederalReserve #CryptoStorm
#BullorBear
OF THE GAME! 🚨
➤ TRUMP INTRODUCES "MASK MODE": CONTROL OVER USAID
US President Donald Trump shocked the world by assigning Elon Musk — CEO of Tesla and SpaceX — to oversee the effectiveness of the U.S. Agency for International Development (USAID).
This decision has raised a storm of questions:
- 🔥 Why Musk? His experience in innovation and process optimization could "reboot" the bureaucratic system of USAID.
- 🌍 Cryptocurrencies in focus: Analysts suggest that Musk is lobbying for the integration of blockchain into the agency's humanitarian projects.
- ⚠️ Risks: Conflict of interest — will Musk's companies receive priority in tenders?
➤ FED BOSTIC: RATES WON'T FALL — WHAT ABOUT CRYPTO?
Fed Chair Raphael Bostic stated: "I am willing to wait longer before lowering rates."
This means:
- 💸 Expensive loans will persist — pressure on risky assets, including cryptocurrencies.
- 📉 Correction of BTC/ETH is possible, but long-term investors can use dips to accumulate.
- 🛡️ Crypto as a hedge: In high inflation, Bitcoin may once again become "digital gold."
- Knight's move: If USAID implements crypto payments, $XRP , $XLM , and $LINK will soar.
#TrumpMuskMove #FederalReserve #CryptoStorm
#BullorBear
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