The post Best Crypto to Buy Now as Market Calms Following Trump-Elon Musk Fallout appeared on BitcoinEthereumNews.com.

The legendary Trump-Musk fallout that led to $170 billion being wiped from the market within a span of 24 hours now seems to be fading a bit. Testaments to this are the removal of Musk’s tweet that said Trump’s name is in the Epstein files. As investors have “grown out of this feud,” attention has been put again on what’s clearly more important – Bitcoin’s future, which has led the BTC price to come back on track. The bounce has once again put Bitcoin around $105K again. While it is still $6K below its all-time high, it is better than before. Attention has been put on this price action by Crypto Kaleo, who posted that BTC has officially fully erased the dip from the Trump-Elon argument. Trump-Elon War on X – The Event That Shook the Market (For a Day) The argument between Elon Musk and Donald Trump, which started with Trump putting the “Big Beautiful Bill” forward and Elon Musk arguing that one cannot just put every single rule in one bill, turned into a full-blown Twitter war. Simple words like “disgusting abomination” were used by Elon Musk right after he claimed that he was the one responsible for getting Donald Trump elected. “I would have won Pennsylvania despite Elon Musk,” Trump said in the speech that followed, completely ignoring the impact Elon owning Twitter has had in shaping people’s narratives. Nevertheless, it all came to a head when Elon finally tweeted that Trump’s name is in the Epstein files, which led to more war of words and threats of revoking government contracts. All of this led to fear emerging in the market, pushing the sentiment needle from greed to neutral, bringing Bitcoin down to the five-digit price level and wiping $170 billion from the market. However, the power…

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Filed under: News - @ June 8, 2025 5:59 am