Trump vs. Elon Musk: Crypto Impact (January 2025)
Donald Trump ๐๏ธ
Historic Stance: Critical of Bitcoin, viewing it as a threat to the U.S. dollar.
Latest Actions: Proposed executive orders to regulate crypto, including clearer frameworks and a potential U.S. Bitcoin reserve.
Impact on BTC/ETH: Stricter policies could cause short-term dips but stabilize institutional adoption.
Elon Musk ๐
Bitcoin (BTC): Tesla holds ~$1 billion. His influence often causes price spikes.
Dogecoin (DOGE): Trading at $0.4126 (+8.79%). Musk's tweets and support continue to boost its popularity.
Impact on Volatility: Immediate price fluctuations driven by his endorsements.
Crypto Market Snapshot
Bitcoin (BTC): $103,960 (+5.71%) ๐
Ethereum (ETH): $3,434.66 (+3.87%) ๐
Dogecoin (DOGE): $0.4126 (+8.79%) ๐
Summary: Trump shapes regulation; Musk drives volatility. Both are key influencers.
#TrumpCountDown #SOLVLaunchOnBinance
EOSBreaks1$
