Recent price drops in Bitcoin have been attributed to both substantial liquidations, exceeding $3 billion, and escalating tensions between Elon Musk and Donald Trump. These events have contributed to the overall decline of Bitcoin’s value. Despite this, large institutional investors remain confident, with a recent influx of $9 billion into US-based Bitcoin ETFs. This suggests resilience in the market despite short-term volatility. Meanwhile, retail investors are turning away from direct Bitcoin holdings and toward crypto stocks as prices for Bitcoin continue to surge. As a result, many are shifting their investment focus towards companies like Coinbase and Robinhood which offer access to the broader cryptocurrency market. The recent events highlight how high-profile disputes can significantly impact the short-term volatility of Bitcoin.