Bitcoin Plummets Amidst Trump-Musk Dispute, Crypto Market Suffers

The cryptocurrency market experienced a significant downturn on Thursday, driven by a surprising public clash between two influential figures in tech and politics: US President Donald Trump and Tesla CEO Elon Musk. The unexpected feud sent shockwaves through the market, resulting in widespread losses across multiple cryptocurrencies. Bitcoin, which had been relatively steady throughout the week, saw its price plummet to a fresh low of $100,501, a 6% drop from this week’s high point of $106,000.