Bitcoin Plummets Amidst Musk-Trump Feud, Tesla Shares Plunge

The cryptocurrency market experienced a significant downturn after Elon Musk publicly accused former US President Donald Trump of appearing in the unsealed files related to Jeffrey Epstein. The accusations, which sparked a bitter feud between Musk and Trump, led to both Bitcoin and Tesla stocks taking a sharp hit. 24-hour data from CoinMarketCap showed Bitcoin plummeting to its lowest point at $100,436.89 before rebounding to $103,295.45. Meanwhile, Tesla shares tumbled 14% as investors responded to Trump’s threat of revoking government contracts for Musk’s companies.