🥊🥊Trump vs. Musk
The escalating tensions between President Donald Trump and tech mogul Elon Musk have sent ripples through the cryptocurrency market:
•Bitcoin ($BTC ): Dropped below $101,000, marking a significant decline as investor confidence wavers.
•Ethereum ($ETH ): Experienced a 6% decrease, reflecting broader market apprehensions.
•Dogecoin ($DOGE ): Fell by 12% over the past week, coinciding with Musk's public disputes with Trump.
The clash began when Musk criticized Trump's proposed tax and spending bill, labeling it a "disgusting abomination." In retaliation, Trump threatened to revoke federal contracts with Musk's companies, intensifying the conflict.
This high-profile dispute underscores the vulnerability of the crypto market to external political and personal conflicts, emphasizing the need for investors to stay informed and exercise caution.
