Trump-Musk Twitter Row Triggers $952 Million Crypto Liquidation

A recent Twitter exchange between former President Donald Trump and Tesla CEO Elon Musk triggered a significant $952 million crypto liquidation in the last 24 hours. The incident highlights the volatile nature of cryptocurrency markets, with major digital assets like Bitcoin and Ethereum affected. ‍♂️

The exchange led to large-scale liquidations of positions, particularly on platforms Bybit and Binance, where over-leveraged trades were impacted. It’s important to note that this exchange was directly tied to market volatility driven by the actions of influential figures like Musk.