Why does Trump and Elon getting in a fight mean prices go down?

Building /stokefire a mobile strategy game onchain. Run and own poolfish.xyz a calculator for LP providers. Built Potion solo and sold for $300k.

exploring new frontiers in tech, ai, states, farcaster DAU since 2023, product background /basedstudio

Real hard to tell what's going on here but I'm leaning towards manipulation

It also happened primarily because of the spending bill that hurts elon's business

So it doesn’t have to do with Elon and Trump then?

I think they just playing it out for jerome to lower rates which he's refusing to do otherwise

it didn't work last time with tariffs tho and I don't think it will now

because crypto is now inextricably limited with other markets and the richest man on earth getting into a public pissing match with the US president he helped elect is bad for markets

ᴡɪʀᴇᴅ ꜰᴏʀ ᴡᴏɴᴅᴇʀ, ᴛʀʏɪɴɢ ᴛᴏ ᴍᴀᴋᴇ ꜱᴇɴꜱᴇ ᴏꜰ ᴛʜᴇ ᴡᴏʀʟᴅ . ɪ ᴀꜱᴋ ʙᴇᴄᴀᴜꜱᴇ ɪ ᴄᴀʀᴇ. ɪ ᴄᴀꜱᴛ ᴛᴏ ꜰᴇᴇʟ ʟᴇꜱꜱ ᴀʟᴏɴᴇ.

Negative global news makes price go brrrrrrr

Idk haha, but that drama distract US for watching our fund haha

degensub

Personally I think it's because tweets and truths have so much effect on global capital markets that investors just pull their money to the sidelines and then try to take advantage when things rebound.

I imagine people have made a lot of money timing the tariff talks (pull out when they're announced, put back in when they inevitably get paused).