Trump vs Musk: Cryptocurrency Market in Shambles Amid Epstein Files Scandal

Friday, Jun 6, 2025 3:18 pm ET1min read
US President Donald Trump and billionaire Elon Musk are at odds, with Musk claiming Trump's name appears in files related to convicted child sex offender Jeffrey Epstein. The spat has led to a decline in value for meme coins associated with the two, including Dogecoin and the Official Trump token. Traders have capitalized on the falling out, creating new meme coins.