Recently, the American business landscape and political arena have been stirred by a heavyweight announcement—Elon Musk officially announced the establishment of the "American Party." This event not only escalated the dispute between Musk and Trump over the "Big and Beautiful Act," but also dropped a "bombshell" in the cryptocurrency field. In the coming months, its influence may gradually manifest in various aspects such as cryptocurrency policy, regulation, and market sentiment.
In terms of policy, as a newly established political party, the "American Party" will find it difficult to directly impact cryptocurrency policy in the short term. However, from a long-term perspective, if the "American Party" develops rapidly and successfully occupies a seat in Congress, it is highly likely to propose policy propositions related to cryptocurrency. Musk has always been highly concerned about government debt issues, which may prompt him to lean towards implementing stricter regulatory measures in cryptocurrency policy. In his view, the cryptocurrency market is highly volatile, and without effective regulation, it could trigger a series of financial risks, further exacerbating government debt issues; thus, strict regulation is a necessary means to prevent such risks.
Although the current conflicts between Trump and Musk have not directly involved cryptocurrency regulation, Musk, as a highly influential entrepreneur, undoubtedly makes the political landscape of the United States more complex with his establishment of a new political party. In the future, if the influence of the "American Party" continues to expand, it is highly likely to change the balance of power in Congress regarding cryptocurrency regulatory legislation. If Musk and his supporters prioritize financial stability and debt issues, the likelihood of stricter cryptocurrency regulatory bills being proposed will greatly increase; conversely, if they emphasize the importance of innovation and a free market, they may resist excessive regulation.
From the perspective of market sentiment, when Musk publicly argued with Trump, the price of Dogecoin fell significantly by about 10%. This phenomenon fully illustrates that Musk's words and actions have a considerable influence on the sentiment of the cryptocurrency market. The recent establishment of the "American Party" has already made market investors more cautious. If Musk continues to make statements related to cryptocurrency, or if the "American Party" makes clear statements regarding cryptocurrency, it is highly likely to trigger significant market fluctuations. If the signals conveyed are positive, such as supporting the innovative development of cryptocurrency, it may boost market sentiment; conversely, if negative information is released, market panic may spread, leading to a significant decline in cryptocurrency prices.
The establishment of the "American Party" by Musk has undoubtedly buried many uncertainties for the cryptocurrency market. Investors need to closely monitor the dynamics of the "American Party" and Musk's subsequent statements in order to timely adjust their investment strategies to avoid risks and seize opportunities in the ever-changing cryptocurrency market. For the entire cryptocurrency industry, the next few months will also welcome key development nodes; the dual changes in policy and market caused by Musk's party establishment: will cryptocurrency face a transformation? This may reshape the industry landscape.#马斯克计划成立美国党