#TrumpVsMusk
📢 The feud between Donald Trump and Elon Musk has significantly impacted the cryptocurrency market. Bitcoin's value dropped nearly 3%, liquidating $308 million in long positions, while the broader crypto market fell 5%, losing $124 billion in 24 hours.
✨ Key Developments:
Tesla's Stock Plummet:
Tesla's stock crashed 14%, wiping out $150 billion in market value.
Crypto Market Volatility:
Bitcoin fluctuated between $100,500 and $105,915, with $308 million in long positions liquidated.
Bitcoin's Current Price:
Bitcoin is currently trading around $104,500-$105,028, with a 24-hour trading volume of $60.03 billion-$311.37 million.
The clash has sparked discussions about Bitcoin's potential as a store of value, with some enthusiasts celebrating the drama as a marketing boost for the cryptocurrency. However, analysts warn of potential market volatility and risk.