Editor's PiCK
[Market Trend] Virtual Assets Plummet amid Trump-Musk Conflict… Ripple Down 5%, Ether Down 7%
Summary
- It was reported that the conflict between President Trump and CEO Musk is negatively impacting the virtual asset market.
- Key coins including Bitcoin (down 3.18%), Ethereum (down 7.16%), and Ripple (down 5.21%) all fell simultaneously.
- This steep decline is interpreted as a direct result of the argument between Trump and Musk.
As the conflict between Donald Trump, President of the United States, and Elon Musk, CEO of Tesla, is spreading in real time, major altcoins including Bitcoin (BTC) are experiencing a sharp decline.
As of 7:42 a.m. on the 6th (CoinMarketCap reference), Bitcoin is down 3.18% from the previous day, trading at $101,588.60, and Ethereum (ETH) is down 7.16%, trading at $2,426.58.
Ripple (XRP) is down 5.21% from the previous day on CoinMarketCap, recording $2.09, and Solana (SOL) is also down 6.07%, currently at $144.6.
This decline is interpreted as an effect of the public dispute between Trump and Musk. Musk has openly opposed Trump's tax cut policy, to which Trump commented he was "very disappointed," adding, "I'm not sure if my relationship with Musk will be good anymore."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
