#TrumpVsMusk ๐Ÿšจ Crypto Markets in Limbo! ๐Ÿคฏ The public spat between Elon Musk and Donald Trump led to market disruption, with Trump highlighting that crypto is a "threat to the dollar" ๐Ÿ’ธ and the government is likely to tighten regulation of digital assets, particularly around DeFi and Privacy Centric Tokens ๐Ÿšซ. Musk quickly countered with, "Crypto is freedom. Centralized control is the real risk." ๐Ÿ’ช

*Market Effects:*

- Bitcoin ($BTC) is dipping, now at $106,480.78 ๐Ÿ’ธ

- Dogecoin ($DOGE) pumped after the Musk post but overall the crypto markets are down 3.1% within a 24-hour period ๐Ÿ“‰

- Other coins affected include ยน ยฒ ยณ:

- *Injective ($INJ)* - possibly subject to stricter regulatory environment

- *Monero ($XMR)* - could be fast to respond to a regulated environment

- *Kaspa ($KAS)* - is an interesting asset to watch since it could lead to new market volatility

This conflict transcends just politics: A central authority vs. a decentralized authority. ๐ŸŒŸ I will be following and monitoring every turn, tweet, and piece of information - including NFTs! - because this might just be the calm before the storm โ›ˆ๏ธ #TrumpVsMusk #BinanceSquareTalks #BTC