Trump vs Musk — Shockwaves Through the Crypto Market
🧠 What Just Happened:
Elon Musk slammed Trump’s latest spending bill as “disgusting” and teased launching a new political group — the “America Party.”
Trump hit back hard, threatening to axe Musk’s government contracts and labeling him “crazy.”
📉 Market Fallout:
Tesla shares dropped around 7–8%.
Crypto took a hit: Bitcoin fell 4%, Ethereum 7%, and Dogecoin plunged 10%.
Over $86 million in crypto liquidations in just 24 hours.
📊 Why Crypto Reacted This Way:
Political clashes create uncertainty — something markets hate.
When two major influencers clash, it triggers waves of volatility.
Emotional traders drive short-term price moves more than logic.
🔍 What to Keep an Eye On:
Bitcoin bounced back above $100K — resilience remains.
Ongoing political drama could cause more sharp swings.
Institutional players may shift based on perceived government instability.
✅ Key Tips for Traders:
Don’t let headlines drive your trades — stay calm.
Keep tabs on macro news and influential voices.
Focus on long-term fundamentals, not daily chaos.
