According to Fox News, Tesla shares dropped by 14% following an escalating social media feud between Elon Musk and former President Donald Trump, leading to a significant decrease in Musk’s net worth. This sharp decline in Tesla’s stock price has increased volatility in related crypto markets, especially tokens and assets tied to Tesla and Musk’s influence, such as Dogecoin. Traders should closely monitor Tesla’s price action and social sentiment indicators, as heightened volatility may spill over into crypto assets linked to Musk. Source: Fox News, June 6, 2025.

According to Evan (@StockMKTNewz), the largest tech stocks have shown mixed performance in the first five months of 2025, with Microsoft ($MSFT) up 9.2%, Nvidia ($NVDA) up 0.6%, and Meta ($META) up 10.6%, while Apple ($AAPL) dropped 19.8%, Amazon ($AMZN) fell 6.6%, Google ($GOOGL) declined 9.3%, and Tesla ($TSLA) slid 14.2% (source: Twitter). This divergence signals shifting investor sentiment within the tech sector, often a bellwether for crypto market risk appetite. Historically, strong tech stock performance tends to attract capital away from riskier crypto assets, while underperformance may boost interest in alternative investments like Bitcoin. Traders should monitor sector rotation and capital flows, especially as major tech stocks experience volatility, as this could impact crypto market momentum.