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Huge Bitcoin sell off due to trump - musk feud spark
#TrumpVsMusk
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sulaiman 860
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$TRUMP TRUMP Leads Meme Coin Market Slump With 10% Plunge As Trump and Musk slugged it out on social media, the Official Trump (TRUMP) meme coin plunged 10% in the last 24 hours to make it the biggest loser among the top 20 meme coins. Meme coin giants Dogecoin (DOGE) and Shiba Inu (SHIB) were unable to buck the bearish trend, with Elon Musk favorite DOGE slumping more than 6% and SHIB shedding over 3%. The overall meme coin market shed 5% of its market capitalization during the same period. #TrumpVsMusk
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$BTC As of June 6, 2025, Bitcoin (BTC) is trading at approximately $103,683 USD, reflecting a slight decrease of 1.15% from the previous close. The day's trading range has been between $100,781 and $105,888 USD. --- 🕌 Bitcoin Price Trends During Eid al-Adha Analyzing Bitcoin's performance during Eid al-Adha over the past decade reveals a mixed pattern: 2015: -4.25% 2016: +6.80% 2017: +10.50% 2018: -8.25% 2019: -10.05% 2020: +5.94% 2021: +23.46% 2022: -2.48% 2023: +3.41% These fluctuations suggest that while some years experienced positive returns, others saw declines, indicating that Bitcoin's price during Eid al-Adha is influenced by various factors beyond the festive season alone. --- 📈 Factors Influencing Bitcoin's Price in 2025 Several key elements are contributing to Bitcoin's current upward trajectory: Bitcoin Halving: The 2024 halving event reduced the block reward, decreasing new supply and potentially increasing scarcity, which historically has led to price increases. Institutional Adoption: The introduction of Bitcoin ETFs and increased investments from companies like MicroStrategy have brought more institutional capital into the market. Macroeconomic Factors: Rising inflation and economic uncertainties have driven investors to seek alternative assets like Bitcoin as a hedge. Technological Advancements: Improvements such as the Lightning Network have enhanced Bitcoin's scalability and transaction efficiency, increasing its appeal. --- 🔮 Outlook for Eid al-Adha 2025 While historical data shows mixed results for Bitcoin's performance during Eid al-Adha, the current bullish trend in 2025, driven by halving effects, institutional interest, and macroeconomic factors, suggests a potential for continued positive momentum. However, it's important to note that cryptocurrency markets can be volatile, and various external factors can influence price movements. ---#MyCOSTrade
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#CryptoSecurity101 🔐 Crypto Security 101 — The sixth stop on our Crypto Trading Fundamentals Deep Dive. Security is non-negotiable in Web3. To stay #SAFU, understanding wallet types is key: 🔥 Hot wallets (like MetaMask) are connected to the internet—great for quick trades, but more vulnerable. ❄️ Cold wallets (like Ledger or Trezor) store assets offline—ideal for long-term holding and stronger protection. Many use a mix: hot wallets for active use, cold wallets for storage. Pro tips: Always back up your seed phrases—offline. Enable 2FA. Double-check URLs before connecting wallets. Don’t share private keys—ever. What’s your security setup? Drop your tips and let’s help each other stay protected in the decentralized world. #CryptoSecurity101 #Reward
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$BTC $TRUMP $DOGE All markets dropped significantly today following news of Elon Musk's issues and his exit from DOGE. Because of this, the market collapsed today, expecting a strong rise that could have occurred, but the opposite happened. It all started with Musk's negative talk about the President of the United States, Donald Trump. Bitcoin was supposed to break the 106,000 area today, but what happened was a market crash because of that. The DOGE currency supported by Musk collapsed, then Trump's currency collapsed. Bitcoin also fell from a price of 105,900. My two trades, which were profitable, were closed because of this decline. Literally, the market is crashing today because of two people from the United States who were in conflict with each other. The market was currently positive. We may witness Bitcoin breaking below the 100,000 areas, so caution is advised. This market may be affected during this month without returning to the 111,900 areas. #MyCOSTrade
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$BTC $BTC Despite its impressive performance, Bitcoin remains a volatile asset. Analysts caution that significant declines of 20-30% are common even during bull runs.
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