The cryptocurrency market experienced over $831 million in forced liquidations in the past 24 hours, driven by intense volatility stemming from the ongoing feud between Elon Musk and U.S. President Donald Trump. This marked a notable increase in trading activity among Bitcoin (BTC) and Ethereum (ETH) leveraged investors who were caught off guard by sudden market shifts. The cryptocurrency fear and greed index dropped from 62% to 57%, signaling a bearish trend across the sector. The recent clashes between these two prominent figures in the public eye have sparked increased uncertainty, particularly in relation to political and economic implications within the U.S., as Musk has even called for Trump’s impeachment. As of late Thursday afternoon, market sentiment was further swayed by the clash between the pair over a Congressional spending bill, highlighting potential geopolitical risks that could negatively impact the U.S. economy.