🔥 Trump vs Musk: when egos collide, the crypto market trembles

This week, the crypto market experienced significant volatility:

• Bitcoin fell below $101,000, and Ethereum lost 6% of its value. 

• The reason? Escalation of the conflict between Donald Trump and Elon Musk.

Trump, previously skeptical of cryptocurrencies, is now actively promoting his crypto projects, including the launch of the meme coin $TRUMP and a proposal to create a “Truth Social Bitcoin ETF.” 

Musk, in turn, has criticized Trump’s policies, leading to a 14.3% drop in Tesla's stock and also affecting the value of cryptocurrencies. 

💼 What does this mean for investors?

• The market remains susceptible to the actions and statements of influential figures.

• It is important to remain calm and not succumb to panic.

• The long-term prospects for cryptocurrencies remain positive, despite short-term fluctuations.

📈 Conclusion:

While Trump and Musk measure their influence, the crypto market is experiencing turbulence. But for those who believe in technology and long-term prospects, this could be an opportunity to enter or strengthen positions #btc #TRUMP $DOGE #ElonMusk