Cryptocurrencies retreat this Thursday after the fierce confrontation between Elon Musk and Donald Trump. Bitcoin plummets 3.1% in the last 24 hours, settling at $101,332, according to Binance. In this context, the rest of the cryptocurrencies sink up to 9.2%, led by Dogecoin, the meme coin linked to Elon Musk. Following closely are Avalanche (-7%) and Solana (-6.2%).
Elon Musk unleashed a storm on X with an explosive accusation against Donald Trump, alleging the President's involvement in the Jeffrey Epstein files and claiming this was the reason for his non-disclosure. The post provoked an immediate reaction and repercussions in the market.
