Elon #Musk Blames Trump, Taxes, and #china for Crypto Meltdown

In true Elon Musk fashion, the tech billionaire has stirred headlines again this time by blaming Donald Trump, rising taxes, and China for the latest crypto crash.

"Crypto can't thrive when you’ve got #TRUMP throwing shade, governments hiking taxes, and China banning #bitcoin for the hundredth time," Musk reportedly quipped during a late-night post on #X.

According to Elon, Trump's anti crypto rhetoric has "spooked the herd," especially retail investors. Add to that the increasing global tax pressure on digital assets and China's renewed crypto mining crackdowns and it’s a perfect storm.

"Everyone's pointing fingers at the market, but no one's looking at the real chaos-makers," Musk said, possibly while riding a Cybertruck and tweeting with one hand.

Meanwhile, meme coins like #pepe and #Bob somehow gained traction during the downturn, leaving serious investors scratching their heads and Elon just laughing.

Conclusion? In crypto, logic is optional and Elon’s tweets are still market movers.