A public clash between Elon Musk and Donald Trump has shaken not only the stock market but also the crypto sector.
What happened?
— Musk called Trump’s new spending bill “an abomination” and hinted at a connection to the Epstein case.
— Trump responded by calling Musk “mentally unstable” and threatened to cut off federal support for his companies.
— The market reaction was swift:
BTC dropped to $100,400
$308M in long positions were liquidated
$278M withdrawn from Bitcoin ETFs
Total crypto market cap fell by 5.1%
At the time of writing, BTC is trading around $103,700.
A discount or a trap?
The current levels may look attractive to buyers, but political instability brings real risk.
If the feud escalates, the market could drop further.
If tensions ease, a sharp rebound is possible.
Is a rebound on the table?
According to recent reports, the White House is arranging a call between Musk and Trump in an attempt to de-escalate the situation.
Musk has also signaled that he is open to dialogue.
Markets have already begun recovering slightly — and a full reconciliation could trigger a strong BTC bounce.
A resolution may act as a catalyst for recovery across the crypto market.
What’s your take?
Is this a buy-the-dip moment, or are you staying cautious and waiting for more clarity?