When Musk fires, Bitcoin plummets to 100,000, and the entire network is a bloodbath.
Yesterday, we were still shouting that the bull market had begun, but today our accounts are already in the red.
The cause of it all was just a tweet from Musk,
calling out Trump in the Epstein files.
The market instantly spiraled out of control, Trump supporters sold off Tesla, shorts pressed down on Bitcoin,
USDT temporarily de-pegged, DeFi faced a bank run, even stablecoins became unstable.
Bitcoin plunged from 112,000 to 100,000,
spot, futures, NFTs, altcoins, almost everything was wiped out.
In a market driven by social media,
every emotional storm is a round of value liquidation.
Did you think the crypto world was detached from politics?
Wrong, this time it’s a triple play of "political rhetoric + financial interplay + human stampede."
In a market driven by social media,
every emotional storm is a round of value liquidation!