📉 Crypto Market Shaken: 15,649,555,629 Down, 28,102,466,443 Corrected, and the Drama 8,518,604,663 vs Musk

#CryptoUpdate #MarketWatch

🔥 Key Highlights:

8,299,401,236

Bitcoin (BTC) dropped to around $103,876

Ethereum (ETH) corrected to $2,485.66

Dogecoin (DOGE) weakened to $0.177

📉 Contributing Factors:

Tensions between Trump and Musk regarding electric vehicle subsidies sparked investor concerns, impacting Tesla stocks and overall crypto market sentiment

Massive liquidations worth $800 million occurred on exchanges like Bybit and Binance, indicating significant selling pressure

Outflow from Bitcoin ETFs reached $278 million, showing a decline in institutional interest

📊 Latest Altcoins:

Solana (SOL) showed recovery to $147 after dropping to $142

Fartcoin (FART) surged 12% after the listing plan on Coinbase was announced

🔮 Projections:

Bitcoin has the potential to drop to $96,000, but the RSI indicator shows oversold conditions that could trigger a rebound

Ethereum is experiencing selling pressure, but technical support could hold back further declines.