The feud between President Donald Trump and Elon Musk has escalated, impacting politics, markets, and the crypto world.
🔥 Key Highlights
Musk Criticizes Trump's Bill: Elon Musk denounced Trump's "One Big Beautiful Bill" as a "disgusting abomination," citing concerns over national debt.
Trump Responds: Trump labeled Musk as a "man who has lost his mind" and expressed no interest in reconciliation.
Market Impact: Tesla's stock initially dropped 14%, erasing $150 billion in market value, but later rebounded by 6%.
Crypto Market Reaction: The global crypto market cap fell below $3.2 trillion, with $DOGE
Dogecoin (DOGE) declining by 14% over the past week.
Musk's Allegations: Musk claimed Trump is implicated in the Jeffrey Epstein files, intensifying the dispute.
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