Bitcoin Volatility Amidst Musk-Trump Feud: Liquidations & Institutional Concerns

Elon Musk and Donald Trump’s public clash is impacting Bitcoin, causing it to struggle near $106,000. This conflict has contributed to market volatility, resulting in nearly $308 million in long position liquidations. Institutional investors are showing cautious behavior due to ongoing trade tensions. Experts suggest this could cause temporary price fluctuations for Bitcoin as a result of political conflicts.