Will the crypto market stumble with Musk's declining role alongside Trump?

Elon Musk, the CEO of Tesla and owner of X (formerly Twitter), recently announced his desire to step back for the first time from his political role alongside Donald Trump since his victory in the 2024 U.S. presidential election.

This change has sparked widespread controversy in the crypto market, as Musk is considered an unconventional player, having moved the market multiple times, most notably when he pushed the Dogecoin price up by more than 8000% during 2021. His indirect support for Bitcoin also contributed to it surpassing the $60,000 mark for the first time.

Today, with his apparent decline in market intervention, a kind of calm has been observed in the fluctuations of some currencies associated with his personality, such as DOGE and PEPE.

But more importantly: the entry and exit from politics may redraw the map of influence. Will we see a more mature and independent market? Or is crypto still searching for its 'charismatic leader'?

The coming days may hold the answer...