Bitcoin Crash! Trump and Musk’s Bickering Wipes Out $308M 📉

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Bitcoin Bubbles and Hot Air: The Crypto Circus Continues 🎪

So, here’s the deal: Investors who thought Bitcoin was their ticket to the moon? Yeah, they got a rude awakening. Nearly 3% drop in 24 hours. And of course, the Bitcoin neared that fancy $100,000 mark—like it was teasing them, “Not today, buddy.” And what’s causing this? Oh, just Trump and Musk going at it like two old men arguing over who’s got the bigger lawn sculpture. 🤦‍♂️

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Meanwhile, traders got their heads handed to them—about $308 million liquidated in long positions. Looks like the crypto rollercoaster just hit another loop. 🎢

And let’s not forget the drama—Musk blabs on X that Trump’s tariffs will cause a recession, as if we needed that news from an eccentric billionaire with a Tesla obsession. Trump fires back, says he’ll save billions—yeah, because canceling Musk’s government contracts is like squeezing the toothpaste tube until it’s empty. 😂

Musk responds, “SpaceX will decommission the Dragon spacecraft,” then walks it back like a bad date. That’s the US’s only space taxi. Exciting stuff, huh? 🚀

Meanwhile, long-term Bitcoin hodlers are cashing out—they’ve been riding the crypto rocket to the top, now selling as Bitcoin hits $111,970 on May 22. Looks like they’re thinking, “Well, that’s enough fun for now.”

The analysts are warning us—no strong upside catalyst, and the probability of a correction increases. Oh, joy. Other cryptos? Ether down 7.25%, XRP 4.35%, Solana 5.20%. Basically, everyone’s feeling the pain. Ouch.

And across the market? Nearly a billion dollars in liquidations in just 24 hours. Keep your seatbelt on, folks. It’s a bumpy ride. 💥

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2025-06-06 06:33