$TRX
#TrumpVsMusk Why did Bitcoin and the entire market fall?
Let's figure it out, friends. This sudden market pullback is not random — several key factors played a role:
🔹 1. Search for liquidity
The market often moves to liquidate excessively leveraged long and short positions. This type of price action flushes weak hands out of the game and sheds open interests — a classic move in times of volatility.
🔹 2. Trump and Elon drama
A recent heated exchange between Donald Trump and Elon Musk made headlines. Elon made several harsh comments, and the conflict created uncertainty — enough for the markets to react negatively and provoke a short-term pullback.
🔹 3. Expected employment data
At 20:00 UTC, new employment data will be released. Analysts' previous expectations indicate weaker employment figures compared to the previous month. This raises fears and speculation, especially around a possible economic downturn — prompting preemptive selling.
