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A public dispute between Donald Trump and Elon Musk on X (formerly Twitter) on June 5th triggered market volatility, impacting Bitcoin. The cryptocurrency, previously valued at $105,501, experienced a 2.20% decline within 24 hours, dropping to $102,790 on international exchanges by June 6th. Indian exchanges reflected similar losses, nearing 3%, with Bitcoin prices hovering around $104,652 according to CoinDCX and CoinSwitch data. This highlights the sensitivity of the cryptocurrency market to high-profile events and the influence of prominent figures on investor sentiment. The feud’s impact on Bitcoin underscores the interconnectedness of the digital asset landscape with external factors and public perception.
