June 6, 2025 — Wall Street & Web3
In a wild twist worthy of a Netflix drama, the Trump–Musk feud has officially gone crypto-critical. What started as a spat over spending has now detonated into a blockchain battlefield.
Elon Musk, the self-styled Dogefather, slammed Trump’s $2.4T “One Big Beautiful Bill” for threatening his deflationary DOGE dream. Trump snapped back, calling Musk’s crypto antics “stoner tech for unstable nerds.”
And the markets? They bled.
Bitcoin crashed below $101K
Ethereum slumped 6%
Dogecoin? Musk’s memecoin muse—down 11%, but still woofing defiance.
Crypto investors are caught in the crossfire, as Musk hints at launching a decentralized political DAO to rival Trump’s traditional power plays.
With senators now probing both men for potential crypto manipulation, and Musk teasing “#CryptoCoup2025 ,” the only thing more volatile than the market… is their egos.
One coin to rule them all? Not today. This is war.
