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$BTC #TrumpVsMusk Tensions between US President Donald Trump and tech billionaire Elon Musk have reached breaking point, and the bromance is over between the world's most powerful leader and richest man For more than a week, Musk has been trashing Trump's signature piece of legislation - a spending bill - actively lobbying against it On Thursday, while meeting the German leader in the Oval Office, Trump spoke candidly about his disappointment with Musk In response, Musk launched a series of extraordinary attacks on X, suggesting without evidence that Trump appears in unreleased files related to the late sex offender Jeffrey Epstein Trump shot back several times, saying that Musk "went CRAZY" and was asked to leave the administration. He also threatened to cut government contracts with Musk's companies Amid the fighting, Tesla's stock price dropped a significant 14%, lowering Musk's EV giant below the $1 trillion threshold But Musk has walked back from an earlier threat to decommission a crucial SpaceX spacecraft used by US astronauts The public feud comes after Musk last week officially left his government post, where he was tasked with rooting out excessive spending through Doge
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$BTC USDC is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds.$BTC
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#TrumpVsMusk The SpaceX founder and CEO recently wrapped up his 130-day appointment as a "special government employee," during which he led the cost- and regulation-cutting Department of Government Efficiency (DOGE). Musk and President Donald Trump seemingly parted on a positive note, sharing kind words about each other during an Oval Office press conference on May 30. "Today, it's about a man named Elon," Trump said to reporters last week, calling Musk "one of the greatest business leaders and innovators the world has ever produced." $BTC $SOL $BNB #TrumpVsMusk
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#TrumpVsMusk The SpaceX founder and CEO recently wrapped up his 130-day appointment as a "special government employee," during which he led the cost- and regulation-cutting Department of Government Efficiency (DOGE). Musk and President Donald Trump seemingly parted on a positive note, sharing kind words about each other during an Oval Office press conference on May 30. "Today, it's about a man named Elon," Trump said to reporters last week, calling Musk "one of the greatest business leaders and innovators the world has ever produced." $XRP $ETH $BTC
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#TrumpVsMusk Bitcoin Might Never Trade Below $48K Again Bitcoin's 200-week moving average has now topped $48,000 As noted by Blockstream CEO Adam Back, Bitcoin's 200-week moving average (200 WMA) has now surpassed $48,000 for the first time. It took the 200WMA less than a month to add another $1,000 after initially surpassing $47,000 on May 15. The widely tracked long-term indicator is frequently used by various markets since it makes it possible to filter out short-term volatility. $BTC $XRP
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