đ¨ Trump vs Musk: Weekend Crypto Shock
đŻ Whatâs happening:
Trump and Elon Musk are publicly clashing againâthis time over Trumpâs massive $5âŻtrillion âBig Beautiful Bill.â Musk has blasted the legislation as fiscally reckless, while Trump has fired back with harsh wordsâand threats to pull subsidies, federal contracts, and even hinting at deportation for Musk .
đ Market impact:
Bitcoin slipped ~0.7%, dipping below $107K as the drama heated up .
Tesla shares dropped 6â7% in premarket trading amid the feud .
âł What to watch:
Markets are on edge heading into the weekendâwatch for sharp moves in crypto and tech at next weekâs open. Big risk in political headlines.
đ TL;DR
Conflict over spending bill: Musk criticizes; Trump retaliates.
Crypto & stocks shaken: $BTC ~0.7% drop; Tesla down midâsingle digits.