#TrumpVsMusk ๐ฏ Trump vs. Musk Sends Shockwaves Through Crypto & Tesla โ Here's What You Need to Know
The crypto market just witnessed a dramatic shakeup โ and it's not from macro data or ETF news. This time, political drama meets tech titans.
๐จ Market Impact: Carnage Across the Board
๐ฅ BTC Dumps to $100,500
Massive liquidations followed as the market reacted violently.
๐ธ $1 Billion+ in Liquidations
Over 156,000 traders wiped out โ Binance bore the brunt, as always during high-leverage shakeouts.
๐ Tesla Stock Crashes -17%
Over $100 billion in value erased after Elon Musk faced political heat.
๐ Key Players: Trump vs. Musk
โ๏ธ The Feud:
Elon criticized a proposed congressional spending bill, calling it economically unsound.
Trump fired back, threatening to cut federal contracts with Muskโs companies โ including SpaceX.
๐ง Investor Sentiment:
This feud injected fear into both traditional and crypto markets. Traders rushed to the exit โ especially those overleveraged.
๐ป Major Coins Affected:
๐ถ Dogecoin (DOGE):
-10% daily loss, -22% weekly
โก๏ธ Rumors swirl that Musk is distancing himself from his DOGE roots.
๐ช Ethereum (ETH):
$260 million in long liquidations
โก๏ธ High volatility + uncertainty = bearish pressure
๐ฅ Altcoin Fallout:
Solana, XRP, BNB: Losses of 4% to 8%, no safe zone
๐ TL;DR: When Billionaires Brawl, Markets Bleed
The TrumpโMusk fallout has triggered one of the most unexpected catalysts for crypto volatility this quarter. With Bitcoin at a key $100K level, the next few days are critical.
๐ Keep your eyes on:
โข BTCโs ability to hold $100K
โข Muskโs next move on X
โข Political responses that could affect crypto policy and market liquidity
๐ฌ Which side are you on โ Trump or Musk? Or neither?
๐ Sound off in the comments โ and donโt forget to follow for daily W2E alpha.