Should we believe an alliance between Donald Trump and Elon Musk? The promise of a visionary duo quickly collapsed. Less than six months after their rapprochement, the two public figures are tearing themselves apart. Their invectives are no longer limited to the words: they have triggered a shock wave on the markets. Crypto and scholarship bled, taken hostage by an ego confrontation. The clash between these giants has stalling in cascade on investors.
In short
- Tesla falls 14 %, SpaceX threatens the Dragon ship, panicked markets everywhere.
- Bitcoin plunges under 101,000 dollars, with 308 million long positions liquidated suddenly.
- The Crypto market lost 124 billion in 24 hours, the feeling of Greed in neutral.
- The same pro-Trump collapses, a digital reflection of an open war between two dominant figures.
Trump vs Musk: a duel at the top that shakes the scholarship and the crypto
THURSDAY, Elon Musk has castigated Trump's budget bill. In response, the president promised to remove his public contracts. The result? An immediate shock wave on the markets. Tesla plunged 14.3 %. SpaceX saw his projects questioned. Trump wrote on Truth Social:
The easiest way to save money […] is to end Elon's subsidies.
Musk replied on X:
SpaceX will immediately start to deactivate its dragon ship.
This duel immediately impacted the crypto. THE global market lost $ 124 billion in 24 hours. The Crypto Fear & Greed feeling index increased from 61 to 46. Political tensions have spread to digital assets and actions. This Egos war disrupted until financial orbit.
Bitcoin shaken by political tremors
Bitcoin did not escape the storm. In less than a day, it went from $ 105,915 to $ 100,500. At the moment of publication, he stabilized around $ 102,180, far from his recent heights. $ 308 million in long positions have been liquidated. As often during tension, the markets react strongly to political events: The clash between Trump and Musk triggered a wave of sales, accentuating the correction. Glassnode confirms selling pressure: many long -term holders take advantage of the summits to cash.
The blocking of American monetary policies amplifies nervousness. Pav Hundal explains:
There is a risk that those responsible expect tangible data on the effects of prices.
Result: no macroeconomic support, no recovery for Bitcoin. And the absence of a positive catalyst fueling fear. The traders hoped for a rebound over $ 111,800, but it was a correction that started.
Bitcoin suffers from a vacuum of trust, nourished by political chaos. Even the stablecoins tremble, as if the crypto foundations were fogging.
Elon Musk and Trump: Is divorce irreversible?
Is the unity of circumstance between Elon Musk and Trump definitively broken? Their digital war seems in any case to cross A point of no return. Musk denounces a political attack on his businesses. It warns of a major spatial slowdown if Dragon is put out of service.
Trump, for his part, mobilizes its republican base. The same official Trump fell 9.75 %, a reflection of the tension. A call is planned between the two men, but the fracture is deep. GOP risks paying the political price of this internal war. The consequences go far beyond their personal quarrels.
Figures to remember:
- 226,781 traders liquidated in 24 hours;
- 979.88 million dollars in enclosed forced positions;
- Fall of 5.20 % for Solana, 7.25 % for Ethereum, 4.35 % for XRP;
- Crypto now represents 63.7 % of the capitalization of the digital market.
Each word exchanged between Trump and Elon Musk weighs heavy. Their war is doing more damage than any recent economic crisis.
When Donald Trump came to power in January, Elon Musk's fortune exploded. Six months later, the wind turned. The richest man in the world and the most powerful politician on the planet are now competing, and the crypto pays the price. Market confidence may not rely soon.
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