#TrumpVsMusk
It’s been a wild day in crypto. Bitcoin ($BTC), Ethereum ($ETH), and Solana ($SOL) all took a hit—BTC down 3.1%, now hovering near $101,701. So, what triggered the drop? Let’s break it down 👇
💥 Liquidation Cascade
Over-leveraged trades collapsed fast. Margin calls triggered a wave of forced selling.
⚔️ Trump vs. Musk Feud
A public clash between Elon Musk and Donald Trump spooked markets. Uncertainty makes investors jittery.
🐋 Whale Sell-Offs
Massive sell orders by whales added fuel to the panic.
📈 Profit-Taking
With BTC near its $112K ATH, many locked in gains—amplifying the slide.
🏦 Jobs Data Anxiety
All eyes on the U.S. jobs report. A surprise could sway the Fed’s stance.
🧮 The Fallout
Crypto lost $180B in market cap—now at $3.12T.
⚠️ The Bottom Line
Dips happen. The question is: reset or red flag? Stay alert.