#TrumpVsMusk

Over the past 24 hours, the crypto market experienced significant volatility amid escalating tensions between President Donald Trump and Elon Musk. Bitcoin (BTC) dipped below $100,000, triggering over $800 million in liquidations across major exchanges like Binance and Bybit . Ethereum (ETH) also saw a decline, falling to approximately $2,460 .

The feud intensified when Musk accused Trump of ties to Jeffrey Epstein, prompting Trump to threaten termination of government contracts with Musk's companies . This public clash unsettled investors, leading to a broader market sell-off. Meme coins like Dogecoin (DOGE) and the Trump-affiliated $TRUMP token were particularly affected, with DOGE dropping over 20% .

The global crypto market capitalization decreased by approximately $230 billion, reflecting the market's sensitivity to geopolitical developments . As the situation evolves, investors are advised to monitor political dynamics closely, as they continue to impact market sentiment and asset prices.