#TrumpVsMusk Why Crypto Market is Down Today??
As of June 6, 2025, the cryptocurrency market is experiencing a downturn due to a combination of factors:
1. Large-Scale Liquidations:
Approximately $964 million in crypto positions were liquidated, contributing to a sharp decline in prices.
2. Musk-Trump Feud:
A public dispute between Elon Musk and former President Donald Trump has unsettled investors, leading to negative sentiment in both stock and crypto markets.
3. Whale Sell-Offs: