šØ Trump & Muskās Crypto BOMBSHELL: Is Your Wallet Ready for This Seismic Shift? šš£
š **Whatās happening:**
In early June, a very public feud erupted between Trump and Muskāstarting with Musk criticizing Trumpās āBig Beautiful Billā as a ādisgusting abomination,ā then Trump threatening to pull federal contracts from SpaceX. Musk escalated by referencing Trumpās alleged ties to Epstein, hinting at a new political party, and warning of a possible recession from Trumpās tariffs .
š Market impact:
Bitcoin dropped nearly 4%, slipped below $101K amid fears .
Ethereum and other altcoins saw declines of 6ā7% .
Over $900M in crypto liquidations occurred, with $308M in BTC longs alone .
Dogecoin, Muskās trademark coin, fell ~12% in the week-long sellāoff .
š **Longer-term upside?**
Trumpās crypto-friendly policiesāincluding deregulation, creation of a U.S. crypto reserve, and installing a ācrypto czarāāmay continue fueling institutional crypto adoption .
š Heads-up:
This shortāterm volatility looks dramaticābut both players have crypto-aligned policies. Itās a shakeout, not a breakdown.
Not financial advice ā DYOR.
š Stay ahead: track policy updates or on-chain trendsādonāt just ride the headlines.
#CryptoNews #Trump #ElonMusk #Bitcoin #Ethereum #Dogecoin #CryptoVolatility #DYOR #BinanceSquare