#trumpvsmusk

Trump vs Musk Bitcoin

Trump vs. Musk BTC Feud – Short Summary:

Trump and Elon Musk are feuding over tariffs and economic policy. Trump threatened Musk’s federal contracts; Musk slammed Trump’s tax plan.

Bitcoin dropped sharply (from ~$105K to ~$100K), liquidating over $300M in positions.

BTC later rebounded, showing resilience despite political tension.

Crypto leaders urge Musk to go all-in on Bitcoin—accept BTC for Tesla, use it as a hedge.

Meanwhile, Trump supports crypto—backing a “Truth Social Bitcoin ETF” and creating a Strategic Bitcoin Reserve with seized BTC.

Bottom line: Political drama = BTC volatility, but long-term sentiment stays strong.