#TrumpVsMusk The feud between Donald Trump and Elon Musk has significantly impacted the crypto market, particularly on Binance. Here's what's happening:

🎉Market Impact:🎉

1. Bitcoin Price Drop:

Bitcoin's price fell to approximately $100,500, leading to widespread liquidations.

2. Crypto Liquidations:

Over $1 billion in liquidations occurred, with more than 156,000 traders affected. Binance saw significant liquidations, although exact figures aren't specified for the exchange.

3. Tesla Stock Plummet:

Tesla's stock dropped around 17%, wiping out about $100 billion in market value.

🎉Key Players:🎉

1. Trump-Musk Feud:

The public disagreement between Trump and Musk centered around a proposed congressional spending bill, with Musk criticizing the bill and Trump threatening to cut federal contracts with Musk's companies.

2. Market Sentiment:

The feud has introduced additional uncertainty into the market, contributing to investor unease and a sharp downturn in crypto markets.