You may not yet understand what happened in today's market, but Musk and Trump are already trending on social media.
Originally, the 'billionaire duo' admired each other, Musk provided funding, and Trump provided policies. Now, one says you cut my subsidies and mess with my company, while the other directly insults: 'Crazy', 'Ungrateful'.
The problem is, they are arguing furiously while our wallets suddenly feel light.
Tesla fell 14%, and the crypto circle shook.
The reason is simple:
Musk opposes Trump's new financial bill, saying it will increase the U.S. debt and cut electric vehicle subsidies.
Trump is unhappy: you Tesla have taken my subsidies for several years, and now you actually bite back?
And then, back and forth, a disagreement led to the retirement of SpaceX's Dragon spacecraft, leaving NASA bewildered.
At the same time, Tesla's stock price plummeted, wiping out $152 billion in market value, and the crypto market also felt the impact —
Cryptocurrency related to Musk $DOGE plummeted;
Overall market risk appetite has decreased;
Even Bitcoin $BTC
They all fell like a needle.
Is this empty talk? No, this is American-style political and financial meat grinder.
From the perspective of the crypto circle, this is not just empty talk.
This is a policy-level earthquake, affecting what we cannot see:
Stability of U.S. Treasury in RWA narrative;
Venture capital and U.S. stock liquidity;
Institutional appetite for high-risk assets.
And we in the crypto circle have not figured out which mountain has collapsed, yet we have already been washed by a wave of preset systemic emotional fluctuations.
They argue passionately, and we just want to stabilize our principal.
Musk said: 'I made you president.'
Trump said: 'I will cut off your funding.'
Sounds like an evening drama, but the script hurts not the writer, but the audience.
Especially for those of us who rely on hot wallets and watch the leading coins to get by. When the policy wind changes and the emotional wind shifts, don't say getting rich, even catching a breath has to wait for the next round of 'they make up'.
Summary of jokes
The big players don't need to harvest us; Musk tweets, Trump curses, and that's enough.
Who still dares to say the crypto circle is not grounded?
Look, our wallets and U.S. finances are bound to the same emotional management system:
"Every time they argue, I lose money."
"While they are in a cold war, I stay in cash."
"When they make up, I... still don't dare to bottom out."
📉 Were you scared away today?
📈 Or did you buy the undervalued chips during their argument?
Feel free to share your 'melon-eating market review' in the comments!
—— Coin Watch 🍉🧢
Cover image from: Donald Trump and Elon Musk's photo together in March. Image: Roberto Schmidt/AFP/Getty Images
#特朗普马斯克分歧
