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Trump and Musk’s Feud Sparks Crypto Frenzy

by Vartika Sahu
June 9, 2025
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Trump and Musk's Feud
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In a world where digital markets move on whispers and tweets, a fight between two of the world’s most powerful people has set off a firestorm in the crypto space. When tech billionaire Elon Musk and former President Donald Trump clashed over taxes, the economy, and new tech policies, the effects weren’t just political but also financial. This high-profile feud is changing the market story in real time, with big drops in flagship coins and a surprising rise in underdog presales.

When Tweets Shake Up the Blockchain, There are Shockwaves and Selloffs

What began as a disagreement over a proposed fiscal policy quickly turned into a fight that made the news. Musk responded harshly to Trump’s comments about a bold new economic bill that critics say could hurt businesses. He used his social media platform to call out what he thought were unsustainable practices. That one post made some people in the crypto community panic.

Shortly after, Bitcoin plunged below $101,000, triggering $308 million in long-position liquidations, according to CoinGlass. Ethereum and several other leading altcoins also faced a series of sell-offs. Many investors, equally interested in the drama and the charts, began to reconsider risk. Tesla’s stock, on the other hand, suddenly dropped, showing how closely tech stocks and digital assets have become linked.

But even with the red candles and quick reactions, a new wave of opportunity quietly appeared.

Power games are making presales go up

While the big markets were still feeling the effects of this billionaire brawl, a surprising amount of bullishness started to build around some lesser-known tokens. Two projects in particular have caught the attention of investors. One is based on sustainable energy solutions, and the other uses a punchy branding strategy to ride the wave of meme culture, which is always popular. Their presales picked up steam as traders looked for high-upside options that weren’t affected by old volatility.

There is a growing demand for tokens that combine usefulness with fun, which is why people are interested again. Some of these presale projects also have strong tokenomics and missions that are driven by the community. These things, along with the current market drama, make them even more appealing. Analysts and social media influencers are starting to talk about these coins, calling them “next cycle stars” and “memecoins with purpose.”

Trump’s media initiative announced plans to fund a large treasury-backed crypto project, which adds another layer to an already busy week. The effort includes a proposed fund that the company would use as a special financial vehicle to keep its Bitcoin reserves stable. Supporters say it’s a step toward making crypto a key part of future fiscal policy, but critics say that mixing the two makes it hard to tell the difference between public service and personal gain. The stress only makes the show better.

The digital asset space has always followed its own rules, moving more with changes in stories than with traditional economics. The ongoing fight between Trump and Musk shows us that feelings are a superpower in this area.

Fear-based sell-offs and sudden price increases are nothing new, but this time, what stands out is how innovation has stayed strong. The rise in presales, the buzz around memecoins, and the growing calls for decentralization all show that the community is not just reacting; it is also adapting.

The most important thing? This latest episode shows that the crypto market is as much about people as it is about rules, whether you’re a day trader, a long-term holder, or just watching from the sidelines.

Also read:

  • Trump Wallet Turmoil: Confusion Reigns Over ‘Official’ Crypto Launch
  • Dan Ives Launches AI Revolution ETF for the Future of Technology
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