Trump and Musk Set Off Market Alarm , But Could Wall Street Ponke Be the Real Power Move? 📉
Over the weekend, the crypto markets were dramatically affected by a public clash between Elon Musk and Donald Trump. This altercation led to a rapid decline in major cryptocurrencies like Bitcoin and Ethereum, causing a significant market stir.
Amid these disturbances, nearly $1 billion in long positions evaporated as the volatility set in. While the headlines were dominated by the Musk-Trump feud, a meme coin, Wall Street Ponke, quietly climbed the ranks, potentially revealing a new influential force within the crypto realm. The market's reaction underscores the unpredictable nature of cryptocurrency trading and the impact of high-profile personalities on investor sentiment.
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