Trump and Musk’s Clash Sparks $800M Crypto Liquidations

A verbal altercation between Donald Trump and Elon Musk triggered a significant sell-off in the cryptocurrency market, resulting in nearly $1 billion in liquidations. The volatile exchange between these influential figures led to panic selling across Bitcoin and Ethereum, particularly impacting leveraged positions. 4340 ETH was purchased during this shift, indicating institutional interest in the Ethereum ecosystem, especially as it faces a major shift from traditional investment markets.