Introduction
When Donald Trump and Elon Musk get into a digital brawl, you know something’s about to break—and this time, it was the crypto market (and Tesla’s wallet). After Trump threatened to yank federal contracts from Musk’s empire, Tesla shares face-planted with a jaw-dropping 14% drop, shaving off a cozy $150 billion in market value.
And of course, Elon didn’t take it quietly. He clapped back with memes, naturally—posting a “Kill Bill”-style movie poster on social media to declare war on what he calls Trump’s “big, beautiful bill.” If politics were a reality show, this would be the season finale cliffhanger.
Memes Meet the Market: Enter KBBB
In the midst of the chaos, the crypto crowd did what it does best—minted a memecoin. “Kill Big Beautiful Bill” (KBBB) launched on Pump.fun and rocketed to a $53 million market cap in under 10 hours. But the meme magic faded fast, with the token sliding 30% back to $36 million.
Still, it shows one thing loud and clear: even when markets bleed, crypto never loses its sense of humor.
Crypto Slips While the Billionaires Brawl
Unfortunately, Bitcoin didn’t find the brawl as amusing. The king coin dropped below $100,500 for the first time in weeks, briefly threatening to dip back into five-figure territory. Although it clawed back to $104,539,it barely maid it going up only, +3.18%
Altcoins weren’t spared either. Ethereum took a 7.25% tumble, XRP slid 4.35%, and Solana lost 5.2%. Across the board, traders saw nearly a billion dollars in liquidations, with $891 million flushed from overleveraged long positions. Ouch.
Samson Mow to Musk: Make Bitcoin Great Again
As markets panicked, Bitcoin maxi Samson Mow jumped in with a plan: “Elon, forget the fiat. Go full crypto.”
.@elonmusk it’s time to go all in on #Bitcoin.@Tesla can take BTC for payments again and implement a Bitcoin Treasury Strategy.@SpaceX can give a discount on launches paid in Bitcoin.
Force a hard money standard on the money printers.
— Samson Mow (@Excellion) June 5, 2025
Mow pitched the idea that Tesla should reinstate Bitcoin payments and even floated BTC-based discounts on SpaceX launches. His pitch? “This isn’t financial advice—it’s freedom advice.” Basically, if the government’s gunning for you, better have your assets in hard money.
And to be fair, the idea isn’t totally far-fetched. After all, Bitcoin doesn’t care who’s in office.
The HODL Army Isn’t Flinching
Despite the noise, long-term Bitcoin holders barely blinked. In fact, HODL levels just hit a two-year high—proof that the core believers still see BTC as the future, not a passing headline casualty.
Even as Elon’s empire wobbles and memecoins spike, the real story might be in the quiet confidence of those who just keep stacking sats.
Looking Ahead: Chaos or Crypto Comeback?
With political theatrics escalating and billion-dollar wipeouts becoming a Tuesday routine, it’s clear we’re entering a new era of market unpredictability. But if Bitcoin history has taught us anything, it’s that turbulence is often the prelude to transformation.
So, buckle up—because this drama’s just getting started.
