#TrumpVsMusk The #TrumpVsMusk feud, fueled by Elon Musk's criticism of Donald Trump's tax policies and Trump's potential threats to Musk's companies, is causing significant market volatility. Specifically, this is impacting the crypto space where the feud has been interpreted as a threat to Bitcoin's potential rally, with some suggesting a pullback could be on the horizon.

The public feud has created uncertainty, making investors jittery and leading to potential profit-taking and forced selling, particularly among those holding over-leveraged positions. This has resulted in a significant drop in Bitcoin's price and a market cap loss for crypto assets, with concerns escalating due to the upcoming U.S. jobs report. The situation highlights how political tensions can directly influence the volatile crypto market.