Trump-Musk Feud and Mass Liquidations Crypto Market Sheds $124 Billion Amid

In a dramatic downturn, the global cryptocurrency market lost over $124 billion in value within 24 hours, triggered by a combination of political tension, high-profile disputes, and large-scale liquidations. The drop followed a heated online feud between former U.S. President Donald Trump and tech mogul Elon Musk, which sent shockwaves across financial markets. The public spat—centered around cryptocurrency regulation, AI risks, and free speech on social platforms—led to investor uncertainty and panic-selling in both traditional and digital markets. Adding fuel to the fire, over $1.2 billion in leveraged positions were liquidated across major crypto exchanges, causing further volatility. Bitcoin (BTC) plunged below critical support levels, dipping under $65,000, while Ethereum (ETH) slid under $3,400. Altcoins like Solana (SOL), Avalanche (AVAX), and Dogecoin (DOGE) also suffered double-digit losses. Analysts point to a broader risk-off sentiment amid increasing regulatory pressure in the U.S., with the SEC reportedly accelerating investigations into several crypto projects. 🔍 Key Highlights: $124B+ wiped from the global crypto market cap in 24 hours Trump vs. Musk feud sparks fear, uncertainty, and doubt (FUD) Over $1.2B in leveraged crypto trades liquidated Bitcoin and Ethereum lose key support zones Altcoins hit hard, with up to 15–20% losses across the board Increased regulatory fears and geopolitical instability contribute to market sentiment Despite the crash, some traders view this correction as a healthy reset and an opportunity to enter the market at lower prices. #CryptoCrash #TrumpVsMusk #Bitcoin #Ethereum #CryptoNews #CryptoMarket #CryptoUpdate #LiquidationAlert #AltcoinDrop #ElonMusk #DonaldTrump #CryptoRegulation #CryptoFUD #CryptoSelloff #CryptoPanic #BTC #ETH #DeFi #CryptoTwitter #BlockchainNews