Trump–Musk Clash Hits Crypto Market Hard

🟠 Markets React: Tesla sank ~14% after Trump threatened to pull Musk’s government contracts. That shock rippled into crypto—Bitcoin fell ~4% today.

📉 Crypto Cascade: Bitcoin dropped ~4%, wiping billions off market cap. Asia tech and Nasdaq also weakened.

⚠️ What Investors Should Know:

Short‑term volatility likely if political tensions persist.

Watch upcoming U.S. jobs data—Fed policy could amplify crypto moves.

🔍 Key Takeaway

Crypto is sensing the political quake. A spillover from equities is shaking confidence. Short-term pullbacks are possible, but stabilizing signs depend on policy clarity and economic data.

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