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BTCC / BTCC Square / Global Cryptocurrency /
Elon Trump War Sparks Crypto Market Crash and Tesla Stock Plunge

Elon Trump War Sparks Crypto Market Crash and Tesla Stock Plunge

Author:
Global Cryptocurrency
Published:
2025-06-06 13:53:01
12
3

A public feud between Elon Musk and Donald Trump triggered a sharp downturn in both cryptocurrency markets and Tesla's stock. The confrontation led to over $1 billion in crypto liquidations, exacerbating market volatility.

Tesla shares plummeted 14.26% in a single trading session, erasing $153 billion in market capitalization. The sell-off reflects growing investor anxiety when high-profile figures clash, particularly those with outsized influence on tech and digital asset markets.

|Square

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