Trump and Musk’s Feud Impacts Bitcoin Sentiment, Leading to Coinbase Index Shift

A heated political dispute between Elon Musk and Donald Trump has triggered a major shift in crypto market sentiment, especially for Bitcoin (BTC). According to CryptoBusy on X, this clash has coincided with declining investor confidence, evident in the sudden drop of the Coinbase Premium Index. This negative index signifies that US-based whales and institutions are taking a more cautious approach towards Bitcoin.