Close Menu
Cryprovideos
    What's Hot

    DYDX Value Falls to $0.62 Regardless of MiCA Compliance Enhance – Technical Evaluation Exhibits Blended Alerts

    July 29, 2025

    US Could Begin Shopping for Bitcoin Quickly, Says Anthony Pompliano

    July 29, 2025

    Bybit Launches ETH Buying and selling Competitors With 100,000 USDT Prize Pool | UseTheBitcoin

    July 29, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Crypto Market Reacts to Musk-Trump Conflict: Is the Worst But to Come?
    Crypto Market Reacts to Musk-Trump Conflict: Is the Worst But to Come?
    Crypto News

    Crypto Market Reacts to Musk-Trump Conflict: Is the Worst But to Come?

    By Crypto EditorJuly 1, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The cryptocurrency market dipped 3.1% over the previous 24 hours amid a renewed public dispute between Tesla CEO Elon Musk and US President Donald Trump. 

    The escalation stems from Musk’s newest criticism of Trump’s proposed “large, stunning invoice,” prompting a pointy response from the President and reigniting tensions which have beforehand roiled monetary markets.

    Elon Musk and Donald Trump Conflict Once more 

    The battle between Musk and Trump began once more after the previous posted a sequence of tweets criticizing the invoice. He referred to as it a “debt slavery invoice” and condemned its supporters. 

    “Each member of Congress who campaigned on decreasing authorities spending after which instantly voted for the largest debt improve in historical past ought to hold their head in disgrace!” he mentioned.

    Musk expressed his dedication to taking all mandatory actions to make sure that these politicians are defeated of their main elections subsequent 12 months, emphasizing his dedication to carry them accountable for his or her actions. He additionally confused that the invoice may have detrimental debt implications.

    “It’s apparent with the insane spending of this invoice, which will increase the debt ceiling by a report FIVE TRILLION DOLLARS, that we reside in a one-party nation – the PORKY PIG PARTY!! Time for a brand new political celebration that truly cares in regards to the individuals,” he posted.

    The billionaire, who strongly backed Trump within the presidential elections, even referred to as for the creation of a brand new political celebration.

    “If this insane spending invoice passes, the America Occasion can be fashioned the subsequent day. Our nation wants a substitute for the Democrat-Republican uniparty in order that the individuals even have a VOICE,” he added.

    The string of assaults prompted President Trump to reply. He accused Elon Musk of benefiting from extreme authorities subsidies and advised that Musk’s companies would battle to outlive with out them.

    “Elon could get extra subsidy than any human being in historical past, by far, and with out subsidies, Elon would in all probability have to shut up store and head again house to South Africa. No extra Rocket launches, Satellites, or Electrical Automotive Manufacturing, and our Nation would save a FORTUNE. Maybe we should always have DOGE take a great, onerous, take a look at this? BIG MONEY TO BE SAVED!!!” Trump wrote.

    The crypto market has felt the preliminary tremors of this fallout. 5 of the highest 10 cash have recorded losses over the previous 24 hours, with Musk’s favourite, Dogecoin (DOGE), main the dip. Bitcoin (BTC)  and Ethereum (ETH) have recorded modest losses over the previous day.

    Crypto Market Reacts to Musk-Trump Conflict: Is the Worst But to Come?
    Crypto Market Efficiency Amid Trump-Musk Feud. Supply: BeInCrypto

    BeInCrypto’s evaluation revealed that Bitcoin is dealing with downward stress and will see extra declines if the present bearish pattern continues. It’s value noting that whereas the affect stays contained to date, historic patterns counsel potential for deeper volatility. 

    In June 2025, the Musk-Trump spat noticed the market fall by 5.1% and triggered practically $1 billion in liquidations. Thus, if the battle escalates, the market could should bear the brunt of it.

    Disclaimer

    In adherence to the Belief Venture pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to offer correct, well timed data. Nevertheless, readers are suggested to confirm info independently and seek the advice of with knowledgeable earlier than making any selections based mostly on this content material. Please notice that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Ethereum, Solana, and PYUSD in Focus After PayPal’s World Crypto Rollout

    July 29, 2025

    Finest Crypto to Purchase Now Forward of Wednesday’s White Home Digital Asset Report

    July 29, 2025

    OKX Introduces Regulated Crypto Derivatives in UAE

    July 29, 2025

    CryptoPunks Ground Value Jumps 8% Amid NFT Revival Buzz

    July 29, 2025
    Latest Posts

    US Could Begin Shopping for Bitcoin Quickly, Says Anthony Pompliano

    July 29, 2025

    Bitcoin value shrugs off potential new $450M Galaxy Digital BTC sale

    July 29, 2025

    Bitcoin Information At the moment: Bitcoin is Approaching $120K, Whereas Remittix (RTX) Hypothesis Suggests a Potential 2,000% Improve

    July 29, 2025

    Scammer Steals $520K in Bitcoin through {Hardware} Pockets. Keep away from This in 5 Steps

    July 29, 2025

    Rally Stalls for Bitcoin, Ethereum, and XRP—Analysts Cut up on What’s Subsequent – Decrypt

    July 29, 2025

    US seeks to assert $2.4M in Bitcoin seized from ransomware group

    July 29, 2025

    Matrixport Warns of Bitcoin Dip After Hitting This Goal

    July 29, 2025

    MARA Holdings Concludes $950 Million Elevate To Improve Bitcoin Publicity – Particulars | Bitcoinist.com

    July 29, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Vietnam Police Prevents Massive Crypto Rip-off, Freezes Belongings | Reside Bitcoin Information

    December 31, 2024

    This Week in Crypto Video games: Dr. Disrespect's Studio Shuts Down, 'GTA 6' Meme Cash on Solana – Decrypt

    February 3, 2025

    Crypto and the Psychological Recreation: How Sensible Merchants Handle Feelings in a 24/7 Market

    June 2, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.