{"id":8518,"date":"2025-06-06T10:06:25","date_gmt":"2025-06-06T09:06:25","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=8518"},"modified":"2025-06-06T10:06:26","modified_gmt":"2025-06-06T09:06:26","slug":"trump-musk-bitcoin-below-102k","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/trump-musk-bitcoin-below-102k\/","title":{"rendered":"Trump &#8211; Musk Clash Sends Bitcoin Dropping Below $102K"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"bitcoin-plunge-linked-to-musk-and-trumps-war\">Bitcoin Plunge Linked to Musk and Trump&#8217;s War<\/h2>\n\n\n\n<p>The price of <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\"><strong>Bitcoin<\/strong><\/a> dropped significantly today, falling from over <strong>$105,700<\/strong> at the start of the day to around <strong>$100,600<\/strong> by the evening. This sudden decrease coincides with a broader market correction, where Tesla&#8217;s stock lost over <strong>13%.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The Elon Musk vs Donald Trump conflict has become a full on war. Trump is going to lose this one and it won&#39;t be particularly close. <a href=\"https:\/\/t.co\/TJxCRixYnY\">pic.twitter.com\/TJxCRixYnY<\/a><\/p>&mdash; Unfiltered\u2622Boss (@Unfilteredboss1) <a href=\"https:\/\/twitter.com\/Unfilteredboss1\/status\/1930697203825496452?ref_src=twsrc%5Etfw\">June 5, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Investors seem to be reacting nervously to the deteriorating relationship between Elon Musk and Donald Trump. The escalating <strong>tensions<\/strong> between these two influential figures are breeding uncertainty both in the tech sector and in the political sphere. This atmosphere of instability is having a <strong>direct impact<\/strong> on the <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/\">cryptocurrency market<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"trump-and-musk-intense-public-face-off-on-x\">Trump and Musk : Intense Public Face-Off on X<\/h2>\n\n\n\n<p>Formerly, Trump and Musk had a good relationship. The president publicly praised Musk&#8217;s entrepreneurial spirit, while Musk supported Trump&#8217;s policies. However, this friendship is now completely <strong>shattered<\/strong>. On the X platform, <strong>accusations are flying<\/strong> back and forth.<\/p>\n\n\n\n<p>Earlier this week, Donald Trump claimed he had &#8220;fired&#8221; Elon Musk and called him <strong>&#8220;totally nuts.&#8221;<\/strong> Musk vehemently retaliated, labeling Trump as &#8220;<strong>ungrateful<\/strong>.&#8221; Musk even suggested that Trump <strong>became president because of him.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Time to drop the really big bomb:<a href=\"https:\/\/twitter.com\/realDonaldTrump?ref_src=twsrc%5Etfw\">@realDonaldTrump<\/a> is in the Epstein files. That is the real reason they have not been made public.<br><br>Have a nice day, DJT!<\/p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1930703865801810022?ref_src=twsrc%5Etfw\">June 5, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The confrontation reached a new peak today when Musk hinted in a tweet that Trump could be involved in the so-called &#8220;<strong>Epstein files<\/strong>&#8221; and that might be the reason why those documents were never made public.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"growing-uncertainty-gripping-financial-markets\">Growing Uncertainty Gripping Financial Markets<\/h2>\n\n\n\n<p>The conflict between these two powerful figures is causing significant <strong>disruptions<\/strong> among investors. Political instability and personal feuds at the highest level are making the markets <strong>edgy<\/strong>. Analysts emphasize that investors often tend to divest from risky assets like tech stocks and cryptocurrencies in times of <strong>uncertainty<\/strong>.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"733\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/06\/BTCUSD_2025-06-06_08-30-00-1024x733-1.jpg\" alt=\"Bitcoin price in 4H\" class=\"wp-image-8525\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/06\/BTCUSD_2025-06-06_08-30-00-1024x733-1.jpg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/06\/BTCUSD_2025-06-06_08-30-00-1024x733-1-300x215.jpg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/06\/BTCUSD_2025-06-06_08-30-00-1024x733-1-768x550.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p>At the time of writing, <strong>Bitcoin<\/strong> has bounced over 2.5%, trading at <strong>$103,000<\/strong>. However, after breaking its support at <strong>$100,755,<\/strong> Bitcoin confirms the ongoing downward trend. Hence, lower lows can be expected in the coming days, especially in such a tense environment.<\/p>\n\n\n\n<p>The SP500 is showing short-term distribution signals, so caution is advised. If it breaks the support of <strong>$5,920,<\/strong> a prolonged decline can be anticipated.<\/p>\n\n\n\n<p>In essence, next week is likely to be <strong>tense<\/strong> in the markets as these two significant figures battle it out in the public eye.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy BTC on Bitget now !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/jpmorgan-bitcoin-etf-loan-collateral\/\">JPMorgan Accepts Bitcoin ETFs as Loan Collateral<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/donald-trump-bitcoin-etf-launch\/\">Donald Trump\u2019s Firm Set to Launch Its Own Bitcoin ETF<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/near-price-surge-bullish-indicator\/\">NEAR Price Set to Surge : Key Indicator Flashes Bullish<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The verbal battle between two influential figures caused a Bitcoin plunge. Cryptocurrency market in turmoil as investors react nervously to escalating tensions.<\/p>\n","protected":false},"author":32,"featured_media":8515,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"bitcoin","_yoast_wpseo_title":"Trump \u2013 Musk Clash Sends Bitcoin Dropping Below $102K","_yoast_wpseo_metadesc":"A political clash between Trump and Musk shakes crypto markets, pushing Bitcoin below $102K. What\u2019s next for BTC holders ?","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[12,10],"tags":[],"class_list":["post-8518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump \u2013 Musk Clash Sends Bitcoin Dropping Below $102K<\/title>\n<meta name=\"description\" content=\"A political clash between Trump and Musk shakes crypto markets, pushing Bitcoin below $102K. 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