Elon Musk has announced the formation of a political party called "America Party".
-President Trump has signed a law called "A Great Beautiful Law" on July 4th.
-There has been a public disagreement between Musk and Trump over a law with that name.
Elon Musk has expressed opinions in the past about politics and economics, and has interacted with political figures, but he has not founded a political party nor has there been any information about the existence of the law you mentioned.
Therefore, any analysis regarding the impact on cryptocurrency politics, regulation, and market sentiment based on this premise would be speculative and not grounded in current facts.
If you have information from a specific source about these events, I would appreciate it if you could share it so that I can provide a more accurate analysis. However, based on the current public information, the events you describe have not occurred. #MuskAmericaParty