#TrumpVsMusk
📉💔 Crypto Crash — What Happened on June 6, 2025
Tough day in the markets. Bitcoin ($BTC), Ethereum ($ETH), and Solana ($SOL) all slid—BTC dropped 3.1% in 24 hours, now around $101,701. Here’s what triggered the fall 👇
💥 Liquidation Chain Reaction
Over-leveraged positions got nuked. Margin calls led to a cascade of forced selling.
⚔️ Musk vs. Trump Feud
A public spat between Elon Musk and Donald Trump shook market confidence. Uncertainty = panic.
🐋 Whale Sell-Offs
Big holders dumped large positions, triggering fear among smaller investors.
📈 Profit-Taking Near ATH
With BTC near its $112K all-time high, many locked in gains—accelerating the drop.
🏦 Jobs Data Jitters
Markets are on edge ahead of the U.S. jobs report. Any surprise could sway Fed policy.
📊 Market Impact
Crypto’s total market cap fell by $180B, now sitting at $3.12T.
⚠️ Final Word
Dips happen. Whether it’s a brief flush or a trend shift—time will tell. For now, fear’s calling the shots. Stay alert.
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