
While some dismiss it as mere drama, others are genuinely concerned that a rift between two of the most influential pro-crypto figures could have long-term bearish implications.
Market reaction so far:
- Instant selloff: Bitcoin dropped sharply to $101.5K as the news spread.
- Quick rebound: The price recovered to $105.4K within the same day.
This resembles a classic “sell the rumor, buy the news” pattern — an initial wave of panic followed by a strong recovery as fears quickly fade.
Key takeaways for traders:
- When major crypto personalities dominate the conversation, the likelihood of a market reversal tends to increase.
- Sudden polarization often leads to short-term price and volume distortions.
- Don’t focus solely on the surface-level drama. Crowd sentiment shifts and tonal changes offer much more valuable insight for trading decisions.
Bottom line: The Trump-Musk clash isn’t a fundamental threat to crypto. It’s an emotional catalyst. As the market stabilizes, strategic traders often treat these events as entry points — not reasons to panic.