June 2025 is proving to be anything but calm for financial markets. The clash of titans between Donald Trump and Elon Musk quickly escalated from simple political disagreements to an open war that is already directly impacting the crypto world.
📉 What happened? It all began when Elon Musk publicly criticized Trump’s new tax plan, calling it “abominable and destructive.” The president quickly responded, suggesting cutting government ties with Musk's companies, including contracts with SpaceX and potential incentives for Tesla.
What seemed like a fight of egos between two giants turned into a catalyst for volatility in the crypto ecosystem.
⚠️ Reactions in the crypto market
Bitcoin ($BTC ) fell from $105,900 to $100,500 in less than 24 hours. Although it managed to recover ground, the blow left a mark: over $300 million in long positions were liquidated.
Dogecoin ($DOGE ), which has always been linked to Musk, was the most emotionally affected by the drama: it dropped more than 7% in a single day and analysts predict a potential fall of up to 66%, pointing towards $0.06 if the situation worsens.
🧠 Why does this matter to traders?
This conflict goes beyond a fight on social media. It uncovers an important reality for traders:
"Cryptocurrencies are no longer isolated from the political climate."
When two of the most influential men on the planet collide, the market listens... and reacts.
🔍 Key points for traders in this context📈
✅ Monitor political news as part of your daily analysis.
✅ Don't underestimate the power of a narrative (especially if it involves Musk).
✅ Stay liquid: volatility in weeks like this can be an opportunity or ruin.
💡 The crypto market remains young, emotional, and vulnerable to the influence of public figures. The Trump–Musk confrontation is a reminder that decentralization does not imply disconnection from the real world. Politics, economics, and technology are more intertwined than ever.
🚨 Are you prepared to trade amidst the chaos?🚨
Continue monitoring this conflict —and your charts— because June is not over yet.