#TrumpVsMusk
🚨 CHAOS IN THE CRYPTOVERSE! 🤯 #DOGECOIN MELTS 50% WHILE TRUMP THREATENS ELON MUSK AND BITCOIN DANCES WITH THE PMI, LIQUIDATING SHORTS! 💥🚀
📢 The cryptocurrency market is wilder than ever! While the global market capitalization nears $3.3 trillion, #bitcoin (BTC) skyrockets to $107,800, maintaining its dissociation from Wall Street, which closed in the red! 📉 But the real bomb comes from the memecoin "#DOGE " (Department Of Government Efficiency), which, after the escalation of tensions between Donald Trump and Elon Musk (including deportation threats!), has melted a whopping 50% in 30 days down to $0.0085! 🐕🔥
The "monster" $DOGE that Trump spoke about in reference to the efficiency department has turned out to be a real headache for the eponymous memecoin, which was boosted by Musk. This implosion contrasts with the resilience of Bitcoin, which reacted positively after a stronger than expected U.S. manufacturing PMI (52.9 points), pushing away the ghosts of recession and signaling a favorable outlook for the crypto market! 💪
However, not everything is rosy! Although Jerome Powell of the Fed prefers to "wait and learn more" about Trump's tariff policy before any new rate cuts (which could cool off the market), Bitcoin's volatility has already triggered the liquidation of $253.9 million in leveraged positions, affecting bulls more! 😱 U.S. Bitcoin ETFs saw outflows of $342.25 million, while Ethereum had modest inflows. And the altseason index retreats! 🎢
🤔 Do you think this dissociation of $BTC is a sign of its growing maturity as an independent asset and a safe haven against traditional politics and economics? 👇💬
