As if there was a crossover between Elon Musk and Donald Trump, the markets reacted, and social networks were flooded with discussions of the so-called "Big Beautiful Bill." The confrontation between the sitting President of the USA and the richest person in the world also revived market forecasts. One bet of $134,277 with a 30% probability was made on the fact that both known individuals will bury the war axe by July. If we delve into details that are not trivial for forecasting the outcome of events, Elon Musk called the bill "a repugnant monstrosity." In his opinion, it will increase the federal deficit and national debt, which, obviously, will nullify his achievements at the Department of D.O.G.E. For reasons that no one can explain, because of this, Bitcoin (BTC) briefly fell to the level of $100,000, and by June 8 had bounced back to the zone of $106,000.
Trump responded, stating that he would have won the elections even without Musk's help, saying that he was messing up due to changes in legislation regarding electric vehicles. The President of the USA also promised to cut billions in federal subsidies that Musk's business receives.
Forecast markets reacted instantaneously to the assumption that the billionaire would become the next president of the USA. On the competing forecasting platform Kalshi, users estimate that there is a 40% probability that Trump will deprive Musk of access to secret information. Another 12% bet that Musk will return to Trump’s inner circle, while 24% probability indicates that Musk will actually form a political party.
The author of the resource bitcoin.com called the crossover between Musk and Trump a spectacle demonstrating ego and exchanging barbs. Meanwhile, this politics, bordering on parody, attracts people's attention, distracting from the reality of real problems.#CryptoAdoption