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š Bitcoin is pumping today! Here's a quick snapshot: $BTC
A perfect storm of record-high ETF inflows, soaring institutional adoption, and macro tailwinds is fueling BTCās surge:
Fresh all-time highs: Bitcoin recently surpassed $113,800, riding on strong momentum and dwindling liquid supply as investors increasingly prefer holding over selling .
ETF flows pouring in: U.S. spotāBTC ETFs attracted a record $15āÆbillion in new capital, backed by surging demand and bullish sentiment in Washington .
Corporate buy-in: At least 21 companies have collectively slammed in $3.5āÆbillion into Bitcoin treasuriesāBigTech names like MicroStrategy, GameStop, Tesla, and even TrumpāMedia are jumping on board .
Macro backdrop supportive: Echoes of a dovish Fed, U.S. dollar weakness, and a riskāon equity climate underpin the rally, with Trumpās proācrypto policies adding fuel .
Tech hiccup helps: A brief Coinbase outage coincided with a swift 2ā3% jump in BTC price, reinforcing a pattern where flash crashes spark bullish breaks . #BTCBreaksATH #BTC
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š„ Trump vs. Musk: The Billionaire Battle Royale š„
Once allies, Donald Trump and Elon Musk are now locked in a full-blown public feud š„. What sparked the clash? Musk's fierce condemnation of Trump's āBig Beautiful Bill,ā calling it a ādisgusting abominationā ā and even floating a new political party in response. Trump fired back, threatening to yank government contracts and subsidies tied to Tesla, SpaceX, and Starlink thedailybeast.com+15mimikama.org+15opentools.ai+15.
Musk accused Trump of heavy deficit spending and floated forming the āAmerica Partyā theaustralian.com.au+2thedailybeast.com+2theguardian.com+2.
Trump threatened to cancel subsidies and contracts, even hinting at Muskās deportation bluewin.ch.
The feud hit Tesla hard: stock plunged ~14%, wiping out ~$150B in market value ndtv.com+15cnbc.com+15ca.finance.yahoo.com+15.
Political noise grew louder: a proāTrump superāPAC launched to combat Musk, while Musk revived impeachment talk and tweeted rumors involving Trump and the Epstein files economist.com+15cbsnews.com+15indiatoday.in+15.
Bottom line: It's more than viral drama ā tens of billions in stock value and government contracts hang in the balance. And with both men commanding massive socialāmedia influence, this spectacle may reshape U.S. politics. šæ