Dogecoin price fell nearly 7% in 24 hours, and slid 6.5% to reflect a risk-off shift among crypto traders.

Dogecoin的價格在24小時內下降了近7％，滑行6.5％，以反映加密貨幣交易者之間的風險轉變。

The spat between Musk and Trump rattled confidence, with Musk warning that the U.S. is likely headed for a technical recession this year - a concern that weighed heavily on speculative assets.

馬斯克和特朗普之間的吐口水充滿信心，馬斯克警告說，美國可能會進入今年的技術衰退 - 這一擔憂嚴重影響了投機資產。

"The quarrels between Elon Musk and President Trump exposes divides that could hinder plans to reform the U.S. economy, which is why cryptocurrencies as a whole dropped overnight," said Jeff Mei, COO at BTSE, in a Telegram message to CoinDesk.

BTSE的首席運營官傑夫·梅（Jeff Mei）在向Coindesk的電報信息中說：“埃隆·馬斯克（Elon Musk）和特朗普總統之間的爭吵可能會阻礙計劃改革美國經濟的計劃，這就是為什麼整個加密貨幣整個一夜都在一夜之間下降的原因。”

"However, we are still positive on the long-term viability of crypto markets, and given the success of Circle's IPO yesterday, it's clear that there are still many institutional investors who feel the same way," Mei added.

梅補充說：“但是，我們仍然對加密市場的長期生存能力仍然很積極，並且鑑於昨天Circle的IPO成功，很明顯，仍然有許多機構投資者有同樣的感覺。”

Some analysts pointed to the growing risk that political infighting could spill over into markets.

一些分析師指出，政治內鬥可能會蔓延到市場中的風險日益增長。

"While recent U.S. macroeconomic reports influenced the sell-off, the negative outlook has been mostly driven by the escalating tensions between President Trump and Elon Musk," said Nick Ruck, director at LVRG Research, told CoinDesk.

LVRG Research的董事尼克·魯克（Nick Ruck）表示：“儘管最近的美國宏觀經濟報告影響了拋售，但負面的前景主要是由特朗普總統和埃隆·馬斯克之間的緊張局勢升級的驅動。”

"Investors fear their feud could spill over into the markets. We remain optimistic for the long term as institutions continue to build within the greater crypto ecosystem," Ruck added.

Ruck補充說：“投資者擔心他們的爭執可能會蔓延到市場上。隨著機構在更大的加密生態系統中的發展，我們對長期的長期感到樂觀。”

Traders remain cautious as the market awaits clarity on the debt ceiling debate and the potential impact of Trump’s proposed “One Big Beautiful Act” on fiscal policy.

隨著市場等待債務上限辯論以及特朗普擬議的“一項大規模行為”對財政政策的潛在影響，交易者仍然謹慎。