Trump and Musk Feud Impacted Crypto Market, Bitcoin Price Declines to usd 1,03,700

Tension between President Donald Trump and Bilinier Elon Musk in the US has affected the crypto market. The biggest cryptocurrency bitcoin, the biggest cryptocurrency in terms of market value, was more than one percent declining on Friday. Apart from this, many other cryptocurrency prices have also decreased. Bitcoin on International Crypto Exchange Binance after this report is published Price Was at $ 1,03,710. The second largest cryptocurrency Ether had a loss of more than four percent. The Ether’s price was trading at $ 2,470. Apart from this, the prices of Solana and BNB, Cardano and XRP have also fallen. In the last one day, Crypto’s market capitalization declined by nearly two percent to about $ 3.22 lakh crore.

The dispute between Trump and Musk has had a major impact on bitcoin. Its price was reduced by $ 1,01,000. However, it has later recovered a lot of recovery. Market analysts say that the dispute between Trump and Musk has had a negative impact on the investment of investors. Due to this, there has been a lot of selling in other markets including Crypto. Trump gave Mask important responsibility in his government after taking over as president in the US. Recently Musk had opted out of the government. Since then, the dispute between Trump and Musk has increased.

Bitcoin is supported at a price of more than one million dollars. If it breaks this support, then the price of bitcoin may fall to $ 97,000. There is significant resistance at $ 2,650 for Ether. The support for this is at $ 2,392. If the Ether goes below this support, its price can decrease by $ 2,340. Trump’s social media company Trump Media and Technology Group has decided to invest about $ 2.5 billion (about Rs 21,416 crore) in bitcoin. Earlier, Trump also signed an order to create a strategic reserve of bitcoin in the US. In the executive order on which Trump has signed, it has been clarified that the amount of taxpayers will not be used to buy this most popular cryptocurrency. <!–

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