Trump-Musk Feud Triggers Crypto Volatility, FLOCK Soars Amidst Risk-On Rally

The escalating feud between Donald Trump and Elon Musk sent ripples through the cryptocurrency market, with altcoins like FLOCK showing resilience despite broader volatility. Bitcoin (BTC) saw a notable price fluctuation in response to this heightened tension, briefly dropping below $100,000 before rebounding thanks to positive institutional news, while Flock’s listing on KuCoin provided an additional boost. 2023-era altcoins like HUMA and IOST also found opportunities amidst the volatility, bolstered by new funding rounds for RWA infrastructure and regulatory clarity. Meanwhile, TRUMP, a token linked to political events, suffered as market sentiment grew uncertain. Despite the drama, global markets are finding strength in positive U.S. jobs data and German diplomacy, leading to an overall risk-on rally.