Bitcoin BTC held firm above $105,000 on Saturday despite an unusually combative and personal escalation in the Trump-Musk feud that could rattle traditional markets next week.On Saturday, in a phone interview with NBC News, President Trump warned that there would be “serious consequences” if Elon Musk financially backed Democratic candidates running against Republicans who support the GOP’s budget bill. “If he does, he’ll have to pay the consequences for that,” Trump said, adding later, “He’ll have to pay very serious consequences if he does that.”Trump, who has often boasted of past support from Musk, firmly dismissed the idea of mending ties
source: https://www.coindesk.com/markets/2025/06/07/bitcoin-holds-above-usd105k-despite-donald-trump-s-threats-against-elon-musk