#TrumpVsMusk
🚨 Crypto Suffers $1 Billion Flush Amid Musk-Trump Chaos! 💥
Bitcoin just rode a rollercoaster of volatility, dragging the entire crypto market into a storm — and nearly $1B in liquidations.
🧨 What happened?
A public feud between Trump & Musk erupted over the "One Big Beautiful Bill," with Musk calling it a “disgusting abomination.” It escalated fast — Musk even hinted at Trump being in the Epstein files. 🔥
📉 Market Reaction:
BTC dropped from $105.8K → $100.4K, then bounced to ~$104.1K
ETH fell ~6%, DOGE ~7%
Total liquidations: $970M
🔴 Longs wrecked: $854M (88% of total)
💥 BTC & ETH alone: $632M in wiped-out positions
⚠️ This was a classic long squeeze — overleveraged longs got crushed as prices tumbled.
📊 The crypto market is still rattled, but BTC’s partial recovery shows resilience. Altcoins? Not so lucky.
💬 Is this a warning shot for over-leveraged trading? Or a chance to reload before the next big move?