Crypto Market Today: Bitcoin slips below $101,000 as Trump–Musk clash shakes sentiment; Ethereum down 6%
The cryptocurrency market saw a sharp pullback on Friday, with Bitcoin falling below the $101,000 mark amid rising macro uncertainty and high-profile tensions between Donald Trump and Elon Musk.
At 11:57 am IST, Bitcoin was down 1.5% at $102,987, while Ethereum tumbled 6% to $2,457, according to CoinMarketCap.
Bitcoin had touched an intraday low of $100,436 during early trading, with sentiment turning cautious across the board. The global cryptocurrency market cap declined 2% to $3.22 trillion.
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Key altcoins extended losses, with Dogecoin dropping 7.5%, Solana falling 3.5%, and Cardano and Sui down 5.5% each. XRP declined 3%, BNB fell 4%, and Chainlink dropped 4.7%. Meme token Pepe was the biggest loser with a 7.3%…