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Bitcoin has skilled a pointy pullback because the crypto market reacted to rising political tensions between Elon Musk and U.S. President Donald Trump. The surprising conflict started when Musk overtly criticized the administration’s proposed “Large Lovely Invoice” on X, calling it damaging to innovation and digital freedom. In response, Trump fired again with feedback that fueled hypothesis and uncertainty throughout monetary markets. This sudden confrontation between two of probably the most influential voices in finance and tech shortly spilled into the crypto house.
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