Elon Musk’s Political Party Could Become a New Driver for Bitcoin Growth

🔦 Elon Musk is back in the spotlight after announcing plans to launch his own political party, which could shake not only the traditional political landscape but also the crypto market. According to Musk, the party will fight against injustice and support cryptocurrencies. He openly criticized fiat money as "hopeless" and expressed his intention to back #Bitcoin❗

Why does it matter?

🔹 Musk isn’t just a businessman. His tweets have repeatedly triggered pumps in the crypto market. His favourite #Dogecoin‬⁩ has seen wild rallies following Musk’s jokes, mentions or even a simple emoji.

🔹 Massive investor influence. Back in 2021, analysts found that 37% of US investors based their trading decisions on Musk’s statements and actions. That makes him one of the most influential voices in crypto.

🔹 Politics already moves the market. When Donald Trump won the 2024 US presidential election, $BTC jumped 60% - a clear sign that pro-crypto political sentiment can fuel major price moves.

What’s happening now?

💫 Musk’s party hasn’t launched yet, but the market is already responding: meme coins inspired by the announcement are flooding in - a typical reaction in crypto when a narrative catches fire.
#ElonMusk.