#TrendTradingStragery Trump vs Musk — Impact on Crypto Market

🧠 What Happened:

- Elon Musk criticized Donald Trump’s spending bill, calling it “disgusting,” and hinted at creating a new political party “America Party.”

- Trump responded by threatening to cut off Musk’s government contracts and calling him “crazy.”

📉 Market Ripples:

- Tesla stock fell by ~7–8%.

- Bitcoin dropped 4%, Ethereum 7%, Dogecoin 10%.

- Over $86 million in crypto positions liquidated in 24 hours.

📊 Why Crypto Reacted:

- Political tension increased market uncertainty.

- High-profile influencer conflict fuels volatility.

- Emotional reactions dominate short-term crypto behavior.

🔍 What to Watch:

- Bitcoin rebounded above $100K after initial drop.

- More political tension could trigger additional volatility.

- Institutional investors may react to government instability.