#TrumpVsMusk Key factors in the market decline.🔥🔥
1. Conflict between Elon Musk and Donald Trump
A public confrontation between Elon Musk and President Donald Trump has generated tensions in the financial markets. This conflict has negatively affected investor confidence in technology and cryptocurrency assets, contributing to the price decline.
2. Massive liquidations
In the last 24 hours, there have been liquidations of over $595 million in the cryptocurrency market. Bitcoin and Ethereum accounted for more than $314 million of these liquidations, indicating significant selling pressure.
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