🔥Crypto Markets Collapse as Trump-Musk Rivalry Heats Up!

🚨 The total value of the crypto market dropped $170B to $3.26T on June 5, the lowest since May 8, with a slight recovery to $3.3T in Asian trading. Bitcoin fell $5K to just below $101K but stabilized at $102.8K. Nearly $1B in liquidations hit 228K traders, 90% in long BTC positions.

💥 The chaos? A bitter feud between President Trump and Elon Musk! Musk criticized Trump's tariffs, warning of a recession, and dismissed the “One Big Beautiful Bill,” even insinuating Trump’s ties to the Epstein files. Trump responded, defending the bill as “one of the greatest.” Musk's SpaceX threatened to deactivate the Dragon spacecraft after contractual threats.

🤔 Analysts say more consolidation is likely unless the sell-off worsens. Is this the end of the bull run? Stay tuned!