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[Elon Musk and Trump engage in a war of words, affecting DOGE and other assets closely related to Musk]
The public feud between U.S. President Trump and former government efficiency advisor Musk has led to a decline in the value of trades related to Musk and some trades connected to Trump, with DOGE falling 10% on Thursday and the SpaceX-related listed fund dropping 13%. This highlights the risks of personally-driven investments, where investors can be attracted to products associated with dominant figures like Musk and Trump, and are vulnerable to sudden shifts in public perception. The rise of crypto tokens, ETFs, and other financial products has driven a speculative investment landscape, allowing retail investors to bet on the wealth of billionaires like Musk and Trump, often without considering traditional fundamentals.
#XTTA #加密市场回调