Today in the arena — the old lion from the White House and a tech genius in sneakers. One is shouting about the 'greatest legislation', the other is throwing memes about it on X. Applause! Bitcoin is down, Ethereum is in tears, and in the arena — a billion in liquidations.
WHERE DID ALL THIS COME FROM?
While you were peacefully sipping coffee and reading charts where SOL was supposed to 'moon', Donald Trump — the one who is back in the White House — decided to show who’s in charge. He brought the 'Big Beautiful Bill' to Congress — no joke, that's what he called it — and proudly announced: 'We are saving billions!'
But then Elon Musk jumps out of the bushes — the man who used to be a favorite of the Republicans, tweeting about Dogecoin and colonizing Mars — and suddenly... he supports Trump's impeachment. And then, just like in the textbook: old Donny threatens to take away all of Elon’s government contracts. Just like an ex who screams: 'Give me back my gifts!'
MARKET REACTION: PANIC, BEER, LIQUIDATIONS
Investors, used to Musk and Trump seemingly being 'on our side', rushed to the red 'SELL ALL' button. The result:
• $1 billion in liquidations — just evaporated;
• Bitcoin dropped by 2.3%;
• Ethereum — down 6%, as if Vitalik pressed delete.
WAS IT REAL? OR A STAGED EVENT?
Here's where it gets interesting. Everything coincided too beautifully:
• market peak,
• bitcoin near historical highs,
• Investors at maximum greed.
And then — BAM! — a geopolitical soap opera. It looks like old friends decided to make some noise while the funds are locking in profits and 'dumping the peak' to the crowd.
Elon loses $150 billion in Tesla's market cap, but doesn't worry. Why? Because during this time, five more countries signed up for Starlink. And Trump? He got a new news hook to dominate the headlines. Just like in the script.
WHAT WILL HAPPEN NEXT?
If you think it can't get worse — wait until next Wednesday. Because next week, the employment data in the US will be released, and if the market realizes that the Fed won't cut rates... then we all will need champagne. To wash down the losses.
Do you really believe that the two most influential crypto figures accidentally got into a public quarrel just at the moment when the market is overheated to the limit? Congratulations, you just completed an introductory course in mass manipulation. Welcome to Crypto Theater.
