🔥 Crypto Chaos: Trump vs Musk Sparks $800B Market Meltdown! 📉🚀
On June 5, 2025, a high-stakes political feud erupted between President Trump and Elon Musk—and the financial world felt the shockwaves instantly.
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📉 June 6, 2025 – Market Fallout:
💸 Total crypto market cap:
→ Falls from $4.1T to $3.29T (↓ $800B)
📊 Crypto Fear & Greed Index:
→ Drops from 57 → 45 (enters "fear" zone) 😨
→ -3.1%, trading at $101,843
🔻 Ethereum ($ETH ):
→ -7.5% (largest loss in top 10)
→ -20% 😱 (hit hardest due to Musk association)
💥 Liquidations:
→ $986M in 24h (+358% surge)
📉 RSI (Relative Strength Index):
→ Falls to 32.7 = oversold
🧮 Open Interest:
→ -2.71%, now at $140B
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📉 Crypto-Linked Stocks Drop Too:
⚒ MARA, Riot, Core Scientific: -5%
💰 Coinbase: -4.6%
📈 MicroStrategy (MSTR):: -2.4%
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🔮 On Polymarket, a decentralized platform where users can trade shares based on real-world events – Political Risk Rising:
💵 Nearly $500K wagered on the burning question:
“Will Donald Trump be impeached before the end of 2025?”
🗳 Current odds: 10% — Traders on Polymarket see impeachment as unlikely but possible, with political tension fueling speculation.
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⚠️ What Comes Next?
Volatility is likely to continue as political tension escalates and market sentiment weakens.
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🔍 Investor Tip: Stay Smart in the Storm
🧘♂️ Stay calm—don’t panic sell
📉 Avoid impulsive decisions in high volatility
💵 Consider dollar-cost averaging
🧠 Reassess your risk tolerance
💼 Diversify across asset classes
🚫 Don’t trade on emotion—crisis creates opportunity for those who stay informed and patient. 🧠💪
