The cryptographic market is becoming more red per minute as the dispute between the president of the United States, Donald Trump and the CEO of Tesla, Elon Musk, intensifies.
At the end of United States Day, Bitcoin
It fell more than 4% to $ 100,500, threatening to submerge again in five digits for the first time in a month.
The Coendesk 20, an index of the 20 main cryptocurrencies for market capitalization, with the exception of exchange currencies, memecoins and stablocoins, has dropped more than 5% in the same period of time. Sol and Sui are a low remarkable performance, printing losses of more than 7%.
Coinbase (Coin) lost 4.6%, the strategy (MSTR) slipped 2.4%on Thursday, while some miners, including Mara Holdings (Mara), Riot (Riot) and Core Scientific (Corz) platforms suffered 5%losses.
Musk and Trump’s argument, initially caused by the possible effects of the “big and beautiful bill” on the national debt of the USA, quickly intensified on Thursday afternoon, with the president saying that the founder of Spacex had turned “crazy” and threatening to finish government contracts for all companies led by musk.
The richest man in the world, on the other hand, wrote that Trump was involved in the archives of Jeffrey Epstein, declared that Spacex dems his dragons plane, and agreed with a social media post that asked Trump to be accused and replaced by vice president JD Vance. Tesla (TSLA) shares fell more than 14% on Thursday.
OPI Circle Day
The cryptography prices were already under pressure on Thursday in the midst of the euphoria that surrounds the opi of the stablecoin emitting circle (CRCL). Those with memories remembered a similar emotion around the IPO 2021 of Coinbase (Coin), which at that time marked a historical top for cryptographic markets.
Circle, which was made public at $ 31, rose to more than $ 100 at one point on Thursday before closing at $ 83.
