In a dramatic turn, Bitcoin ($BTC ) briefly dropped below $101K–$102K after Elon Musk criticized Donald Trump’s “Big Beautiful Bill.” In response, Trump threatened to cancel Musk’s government contracts. This political tension shook the crypto market, pulling Ethereum ($ETH ) down by around 6–7% and #Solana ($SOL) by 5–6%.
But there’s more than meets the eye. Despite the panic, #Bitcoin quickly rebounded above $105K. Why? Major institutions are still buying in. In fact, one recent move involved interest in a 5,000-$BTC reserve. That’s a strong sign that big players still believe in Bitcoin’s future.
Adding to this, Trump just made a bold new push for a #Bitcoin ETF (Exchange-Traded Fund), which could open the door to even more mainstream investment. So while the market looks shaky on the surface, the foundation is still strong.
As for #solana , its price is climbing again—raising the question: is now the time to sell? Maybe not. Volatility often creates short-term panic, but long-term growth comes from strong support, and #Solana still has that.
In short: don’t let political drama cloud your judgment. Big investors are staying in—shouldn’t you?