Lately, former President Donald Trump publicly clashed with Tesla and X boss Elon Musk over Trump’s proposed $2.4 trillion “One Big Beautiful Bill.” Trump threatened to yank subsidies and contracts from Musk’s companies, and Musk fired back—accusing Trump of ingratitude and even calling for his impeachment. The feud went nuclear when Musk dragged Trump into Epstein-related allegations, which only fueled more public drama. As a result, Tesla’s stock suddenly plunged over 14 percent, wiping out roughly $152 billion in market value in a single session . Even Trump’s own memecoin took a hit, sliding about 12 percent as investors scrambled .

On the crypto front, this high-profile spat has injected fresh volatility. Bitcoin dipped below $101,000 (down around 4 percent) as broader markets tumbled . Ethereum also slid—falling over 6 percent as nervous traders reduced exposure . Altcoins like Dogecoin and TrumpCoin saw sharper drops, with Dogecoin down nearly 8 percent and TrumpCoin losing more than $100 million in value overnight . Overall, the feud sparked almost $1 billion in liquidations across leveraged crypto positions .

Looking ahead, if tensions keep escalating, we might see continued short-term sell-offs as traders brace for spillover into traditional markets—yet some argue Bitcoin’s censorship-resistant appeal could benefit if political uncertainty ramps up . So, whether you’re hodling or trading, keep an eye on those headlines—Twitter battles can move more than just egos these days. #TrumpVsMusk