#TrumpVsMusk The current "clash" between Donald Trump and Elon Musk is generating significant shockwaves in the crypto market. Trump, now supportive of cryptocurrencies after initial skepticism, has promoted pro-crypto policies and a U.S. "Crypto Strategic Reserve." Musk, for his part, wields enormous influence through his tweets, capable of shaking the value of Bitcoin and Dogecoin.

The recent verbal escalation between the two, with Trump threatening to cut government subsidies to Musk's companies, has caused immediate volatility. Bitcoin has seen a drop, with millions of positions liquidated, while the broader crypto market has recorded strong liquidations. This dispute between such influential figures fuels uncertainty, making investors more cautious and highlighting the crypto market's sensitivity to external factors, including "feuds" between prominent personalities.