šØ Trump vs Musk: Weekend Crypto Shock
šÆ Whatās happening:
Trump and Elon Musk are publicly clashing againāthis time over Trumpās massive $5āÆtrillion āBig Beautiful Bill.ā Musk has blasted the legislation as fiscally reckless, while Trump has fired back with harsh wordsāand threats to pull subsidies, federal contracts, and even hinting at deportation for Musk .
š Market impact:
Bitcoin slipped ~0.7%, dipping below $107K as the drama heated up .
Tesla shares dropped 6ā7% in premarket trading amid the feud .
ā³ What to watch:
Markets are on edge heading into the weekendāwatch for sharp moves in crypto and tech at next weekās open. Big risk in political headlines.
š TL;DR
Conflict over spending bill: Musk criticizes; Trump retaliates.
Crypto & stocks shaken: $BTC ~0.7% drop; Tesla down midāsingle digits.