billionaire’s conflict shake the crypto market
billionaire’s conflict shake the crypto market
In the last 24 hours, we have seen two major events rattling both the political and financial worlds. the escalation between Donald Trump and Elon Musk, and a sharp Bitcoin sell-off that sent BTC tumbling below key support levels. Elon Musk came out swinging against Trump’s “One Big Beautiful Bill,” calling it a “disgusting abomination” while Trump retaliated hard, threatening Tesla’s federal contracts and lashing out publicly.
At the same time, Bitcoin lost momentum and slipped below the $101K range, triggering widespread liquidations and shaking market confidence. Are we witnessing a broader sentiment shift away from institutional optimism? Could the breakdown between Trump and Musk reflect deeper cracks in the pro-crypto narrative?
This clash between Trump and Musk could signal a deeper fracture within the institutional support that has propped up crypto sentiment in recent months. The timing of the Bitcoin sell off suggests that markets are reacting not just to price levels but to political uncertainty that threatens regulatory clarity and adoption momentum. If tensions escalate we may see a pullback in pro crypto policy direction.