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Crypto Mayhem: Trump-Musk Feud Tanks Market by $170 Billion
Austin Hodge
June 06, 2025
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In the high-stakes chess match of egos and digital currency, when two titans like Donald Trump and Elon Musk clash, expect tremors that rattle more than just the political landscape. With the crypto market shedding a staggering $170 billion in value, the fallout from their social media spat signals a brewing storm in the digital economy. Add a billion dollars in liquidations and the latest Bitcoin nosedive to the mix, and you’ve got a recipe for chaos that leaves both investors and analysts scratching their heads. Buckle up, because it's clearly not just another day in the crypto world.
Let's dive in!
Crypto markets see $170 billion drop amid Trump-Musk feud, nearly $1 billion in crypto liquidations follow. — Read More
Investors are starting to shy away from US markets according to new reports. — Read More
JPMorgan Chase plans to offer crypto-backed loans, marking a major shift towards cryptocurrency acceptance in traditional banking. — Read More
South Korean parliament is set to approve a bill allowing domestic firms to launch blockchain-based tokens linked to various assets. — Read More
India and the U.S. are negotiating tariff reductions before Trump's July 9 deadline, focusing on agriculture and automobiles. — Read More
Circle's stock surges 160% on NYSE debut, surpassing IPO expectations. — Read More
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