#Donald #TRUMP

Today Bitcoin (BTC) is trading at approximately $101,955, reflecting a decline of about 2.8% over the past 24 hours. This downturn coincides with significant developments involving former President Donald Trump and Tesla CEO Elon Musk, both of whom have recently made headlines with their actions and statements related to cryptocurrency.

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: Strategic Moves in Crypto

🇺🇸 Donald Trump

• Launch of Truth Social Bitcoin ETF: Trump Media & Technology Group has filed with the SEC to launch the “Truth Social Bitcoin ETF,” aiming to directly hold Bitcoin. This move is part of a broader strategy to integrate cryptocurrency into mainstream financial systems. 

• Establishment of Strategic Bitcoin Reserve: In March 2025, Trump signed an executive order to create a Strategic Bitcoin Reserve, positioning Bitcoin as a national reserve asset. The U.S. government currently holds an estimated 200,000 BTC, making it the largest known state holder of Bitcoin. 

• Pro-Crypto Regulatory Stance: Trump has pledged to make the U.S. the “crypto capital of the world,” advocating for reduced regulations and the promotion of digital assets. His administration has taken steps to create a more favorable environment for cryptocurrency adoption. 

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🚀 Elon Musk: Diverging Views and Market Impact

• Criticism of Trump’s Fiscal Policies: Elon Musk has publicly criticized President Trump’s fiscal plan, labeling it a “disgusting abomination” and warning that it could raise the U.S. deficit to $2.5 trillion. This criticism has led to a public feud between the two figures. 

• Advocacy for Bitcoin Amid Economic Concerns: Musk has expressed concerns about the U.S. national debt, referring to it as a “$35 trillion debt time bomb.” He suggests that Bitcoin could serve as a safeguard for Americans against potential economic instability. 

• Tesla’s Bitcoin Holdings: Tesla, under Musk’s leadership, maintains a significant investment in Bitcoin, holding approximately 10,000 BTC valued at nearly $800 million.