Bitcoin Price Drops Following Trump-Musk Feud; Ethereum and Altcoins Decline
Bitcoin Price Decline Amid Trump-Musk Dispute
Bitcoin price has seen a notable drop to $102,700 as tensions escalate between Donald Trump and Elon Musk. The cryptocurrency, which was previously trading at $105,501, has reflected a loss of 2.20 percent over the last 24 hours. On international exchanges, Bitcoin now hovers around $102,790.
Ethereum and Altcoins Suffer Losses
Alongside Bitcoin, Ethereum has also faced significant losses, dipping 6.59 percent to $2,453. Major altcoins such as Solana, Dogecoin, and Cardano are experiencing dips as well, reflecting broader market pressures amid macro uncertainties.
- Bitcoin price: $102,790
- Ethereum price: $2,453
- Major losses in altcoins
Market Reactions and Outlook
With the cryptocurrency market valuation dropping by 2.70 percent, market participants are advised to focus on capital preservation while observing potential signs of stabilization.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.