Bitcoin Price Slumps as Trump-Musk Feud and CPI Jitters Fuel Market Uncertainty

Bitcoin is facing headwinds, teetering near the $100,000 mark. A confluence of factors – from political tensions and market uncertainty to increasing liquidation pressure – are contributing to the recent dip. The ongoing feud between Donald Trump and Elon Musk has ignited a sharp downturn in crypto markets, while the upcoming U.S. inflation data (CPI & PPI) may add further volatility to the landscape.