Bitcoin price falters as Elon Musk vs Donald Trump feud heats up

Current Bitcoin price is 106,834 USD, having dropped below the critical level of 107,000 USD, raising concerns of further declines.

Elon Musk criticized Donald Trump’s ‘Big Beautiful Bill’ and announced a poll indicating over 80% support for forming a new political party.

The feud has contributed to a 10% decline in Tesla’s stock, negatively influencing investor sentiment in Bitcoin and the broader cryptocurrency market.

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