#TrumpMuskDrama
The impact of the Trump and Musk feud on the cryptocurrency market has been noticeable, especially as it involves two personalities with strong influence in this market:
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💥 The main impacts on cryptocurrencies:
1. Decline in the value of Dogecoin (DOGE)
Elon Musk is known for his strong support of Dogecoin.
After the escalation of the feud with Trump, and the decline in investor confidence in the stability of his political relationships, Dogecoin dropped by approximately 8% to 12% in just two days.
Reason: Fear that any political tension could lead to regulatory pressures or reduced promotion of the currency.
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2. XRP and Bitcoin: Limited but noticeable impact
