#TrumpVsMusk
🚨 Trump vs. Musk Feud Shakes Crypto Markets! 🚨
The clash of two titans has triggered a market storm – here’s what you need to know:
🎯 Market Impact:
📉 Bitcoin Crash:
BTC plunged to ~$100,500, triggering massive liquidations across the board.
💣 $1B+ in Crypto Liquidations:
🔻 Over 156,000 traders liquidated
🔻 Binance witnessed major hits (exact figures still unclear)
📉 Tesla Tumbles:
$TSLA dropped ~17%, erasing $100 billion in market value ⚡
🔥 Key Players:
🗣️ Trump vs. Musk Showdown:
The feud stems from a congressional spending bill – Musk publicly opposed it, while Trump threatened to cut federal contracts with Musk’s companies.
📉 Investor Panic:
This tension injected fear & uncertainty into an already fragile market 😰
💥 Other Affected Assets:
🐶 Dogecoin (DOGE)
⬇️ Down 10% today, 22% weekly – Musk stepping back from his DOGE advisory role added pressure.
💎 Ethereum (ETH)
💥 Saw $260M+ in long liquidations due to increased volatility.
📉 Others:
Solana (SOL), XRP, and Binance Coin (BNB) suffered 4%–8% losses amid market chaos.