🚨🚨🚨 Get informed 👇
Musk vs. Trump Feud Shakes Crypto and Tesla: Market Turmoil and Future Outlook
The public feud between Elon Musk and Donald Trump has triggered significant market volatility, impacting cryptocurrencies and Tesla stocks. Bitcoin dropped 3% amid the spat, liquidating $308M in long positions as investors reacted to political uncertainty .
Tesla shares plunged 14.2%, erasing $152B in market value, while Dogecoin closely tied to Musk fell 7.9%, highlighting meme coins' sensitivity to his influence .
Meanwhile, the TRUMP meme coin (built on Solana) saw wild swings, reflecting its dependence on political sentiment .
Analysts warn of continued turbulence for Tesla and Musk-linked assets if tensions persist, while TRUMP coin’s fate hinges on regulatory shifts and Trump’s policies .
Short-term, markets may remain reactive; long-term, Tesla’s recovery and meme coins’ stability will depend on Musk-Trump reconciliation or further escalation.
