Bitcoin Plummets Below $103K Amidst Trump-Musk Clash and Market Volatility

Bitcoin’s price experienced a sharp decline, dropping below $103,000 in the past 24 hours. This drop was driven by market pressure from political tensions, fueled by escalating conflicts between former US President Donald Trump and Tesla CEO Elon Musk. The cryptocurrency has seen long liquidations worth over $308 million, as investors react to the growing uncertainty within the global economy and a volatile political climate.