Musk and CZ got into a meme battle as Bitcoin fell below $80,000!

​While crypto investors frantically refreshed their charts and watched as #BTC broke through support, sliding toward $75,500, a real show was unfolding on the social network X!
​As the market was drenched in "red ink" and trader liquidations exceeded $1 billion in a single day, Elon Musk and #Binance founder Changpeng Zhao decided to lighten the mood in their trademark style—with an epic meme showdown.
​What happened, and why is the market so turbulent?
​Memes worth millions: Musk posted a cryptic meme hinting at CZ and the current turbulence on exchanges. CZ didn’t stay on the sidelines and joined in the trolling.
​The market reacted instantly—the memecoin GM (Green Morning), linked to the exchange, surged by more than 900% in just a couple of hours, proving once again that a single Elon tweet can still move millions of dollars faster than any technical analysis!
​#BTC broke through the psychological $80,000 mark and fell below the 200-day EMA ($76,400). The main triggers for the decline were a sharp rally in the US tech sector, profit-taking after the election, and recent news of hacking attacks on major platforms!
$BTC