Duel of Titans: How the Musk and Trump Dispute Undermined the Crypto Market 🎢
When two heavyweights engage in a verbal battle, the consequences are swift. Elon Musk, unhappy with Trump's tariffs, predicted a recession this year, triggering waves in the crypto ocean. Bitcoin plummeted nearly 3%, barely holding on to the $100,000 mark.
➡️ Trump immediately responded, threatening to cancel SpaceX contracts, promising to save billions.
Meanwhile, Tesla (TSLA) shares crashed by 14.26%, and crypto enthusiasts felt strong waves from Musk's dragon flying out. Bitcoin is dancing, its value fluctuating around $103,200.
⏬ The crypto crisis spread further: Ethereum lost 5.6%, while Solana and XRP also found themselves among the losers.
📉 Total losses: $341.75 million due to long positions, and the fear and greed index fell into the anxiety zone by 45 points.
This is how, when the greats take the stage — the market contracts!
#bitcoin #trumpvsmusk #cryptodrop #рецессия2025