#TrumpVsMusk The Musk vs. Trump Feud Shakes the Crypto Market: Nearly $1 Billion Liquidated!
The crypto market is in chaos again — and this time, not because of inflation data or Fed interest rate talks, but due to a fierce feud between two of the most influential figures in technology and politics: Elon Musk and Donald Trump. 😮
Their public dispute has triggered a wave of uncertainty across the global market. As fear and doubt spread throughout the crypto community, $BTC dropped to around $101,579, dangerously close to the psychological level of $100K. In just 24 hours, nearly $1 billion in positions were liquidated, with over $877 million coming from long positions.
Other major cryptocurrencies were also hit just as hard. $DOGE fell 7.9%, $ETH dropped 6.6%, and Trump-related tokens plummeted more than 10%. This sell-off reflects how sentiment and political sensitivity can impact the market.