according to the website - By Coincu
Elon Musk, CEO of Tesla and X, calls for the release of Epstein files, questioning the transparency of former President Donald Trump in early July 2025.
The event underscores Musk's position on transparency but did not elicit a noticeable reaction in the cryptocurrency markets.
Musk questions Trump's transparency regarding the Epstein files
Elon Musk, CEO of X and Tesla, publicly questioned Trump's transparency regarding the Epstein files, suggesting that unpublished information may be linked to the former president. In early July 2025, Musk used his X account to demand the disclosure of the files and then deleted the posts.
No substantial evidence supports a direct impact of Musk's comments on financial markets or cryptocurrency prices. Cryptocurrency exchanges and key opinion leaders remain silent, indicating limited market concern.
Donald Trump has not officially responded to Epstein's allegations, opting instead to confront Musk's remarks by attacking Musk's reliance on government subsidies. Notable letters from legislators to the Attorney General and FBI Director mark the only official actions.
Bitcoin remains stable amid the controversies between Musk and Trump
In previous instances, statements from public figures, including Elon Musk, led to short-term volatility in cryptocurrency markets, but such effects have not been observed in these discussions related to Epstein.
Musk's public accusations did not alter existing cryptocurrency trends, despite his previous influence on short-term movements. Crypto communities continue to focus on industry developments rather than unresolved and speculative political issues. Future regulatory or technological implications remain speculative without concrete developments.
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