$BTC

💥💥Trump-Musk spat sees Bitcoin tumble, liquidating $308M in longs

Bitcoin long traders took a hit over the past 24 hours amid Bitcoin’s price dwindling amid broader macroeconomic tension and continued sell-offs by long-term holders.

Investors who went long on Bitcoin saw significant losses over the past 24 hours as the cryptocurrency dipped nearly 3%, nearing a retest of the $100,000 level.

The price decline comes as the feud between US President Donald Trump and billionaire Elon Musk intensifies, and those holding Bitcoin BTC$104,355 for over 155 days keep selling to lock in profits.