#TrumpVsMusk
As of the end of trading in the U.S., Bitcoin has dropped over 4%, now at 100,500 USD, threatening to break the 10,000 mark for the first time in a month. But BTC is not the only one suffering – the CoinDesk 20 index, representing the top 20 largest crypto assets (excluding memecoins, stablecoins, and exchange tokens), also fell over 5%. Notably, SOL and SUI are the biggest 'victims', losing over 7% of their value.
Crypto-related stocks have also been caught in this whirlwind:
• Coinbase (COIN): Down 4.6%
• MicroStrategy (MSTR): Down 2.4%
• Coin mining companies like MARA, RIOT, CORZ: Each down approximately 5%.