Crypto Market Sees Downturn Amidst Trump-Musk Feud:

Crypto Market Sees Downturn Amidst Trump-Musk Feud

The crypto market took a hit today, with the total market cap dropping by 2.3% to $3.21 trillion. Bitcoin $BTC fell as much as 5.2% to $100,400 before recovering slightly to around $103,200, while Ethereum $ETH saw a 4% loss, reaching $2,384. Analysts believe this downturn is largely due to negative sentiment stemming from a public dispute between Donald Trump $ and Elon Musk, compounded by $324 million in Bitcoin $BTC futures long-position liquidations. A critical support level for Bitcoin #BTC is identified at $97,500.