#TrumpVsMusk Trump-Musk relationship implodes with insults and threats.Tensions between US President Donald Trump and tech billionaire Elon Musk have reached breaking point, and the bromance is over between the world's most powerful leader and richest man
For more than a week, Musk has been trashing Trump's signature piece of legislation - a spending bill - actively lobbying against it
On Thursday, while meeting the German leader in the Oval Office, Trump spoke candidly about his disappointment with Musk
In response, Musk launched a series of extraordinary attacks on X, suggesting without evidence that Trump appears in unreleased files related to the late sex offender Jeffrey Epstein
Trump shot back several times, saying that Musk "went CRAZY" and was asked to leave the administration. He also threatened to cut government contracts with Musk's companies
Amid the fighting, Tesla's stock price dropped a significant 14%, lowering Musk's EV giant below the $1 trillion threshold
But Musk has walked back from an earlier threat to decommission a crucial SpaceX spacecraft used by US astronauts
The public feud comes after Musk last week officially left his government post, where he was tasked with rooting out excessive spending through Doge.One of Washington's most significant alliances - between US President Donald Trump and Elon Musk, the world's richest man - has broken up in a very public spat.
In no equivocal terms, Trump told the media that he was "very disappointed" in the man whom he once authorised to slash federal funding.
#CircleIPO Bitcoin Bulls Face 2-Month ‘Tariff Trap’ Risk as Analysts Eye $120K Surge on Policy Shift.Bitcoin’s Path Hinges on Policy Clarity Hundal warns that U.S. monetary policy easing could be delayed until the economic fallout of tariffs becomes clear. The Federal Reserve, which kept interest rates steady between 4.25%–4.50% on May 7, is now closely watching unemployment and inflation data — both impacted by Trump’s aggressive trade stance.
If the uncertainty lingers, risk assets like Bitcoin could slide.
“If bears have their ‘I told you so’ moment, you could see Bitcoin drop back below $100,000,” Hundal added.
Bitcoin Reacted to Trump’s Tariff Moves Bitcoin’s price has already shown sensitivity to Trump’s tariff rhetoric. After his first policy statement in early February, BTC dropped below $100,000 and stayed there for over three months. It only recovered on May 8, just after a U.S. court blocked Trump from unilaterally imposing tariffs, citing presidential overreach.
#TradingPairs101 Bitcoin (BTC) to Pakistani Rupee (PKR) rates for June 05, 2025 HomepageBusiness.On Thursday, June 05, 2025, the price of Bitcoin (BTC) reached PKR 29,749,680.88 (Approximately Rs 29.74 million), slightly higher than the closing rate of PKR 29,608,755.81 on June 04, 2025.
Crypto exchange Coinbase reported stronger-than-expected fourth-quarter profits, boosted by increased trading activity in Bitcoin and other cryptocurrencies after the U.S. election.
Following Donald Trump’s win in the November presidential election, excitement around cryptocurrencies surged, driving Bitcoin’s value past $100,000 in the quarter. Investors were optimistic about more favourable crypto regulations under the new administration.
It’s worth noting that in 2018, the State Bank of Pakistan (SBP) issued a warning to commercial and general banks against handling cryptocurrencies like Bitcoin or Litecoin.
Note: Bitcoin’s price is highly volatile and can change rapidly. For the latest rates and financial advice, consult a professional or a reliable exchange. We are not responsible for decisions based on this information.