🚨 Trump vs. Musk: Crypto Caught in the Crossfire
🔥 Here’s What’s Unfolding
Donald Trump says he wants Elon Musk’s ventures to flourish — but his recent policy moves suggest otherwise.
👉 He’s scaling back clean energy subsidies that have long supported Tesla and SpaceX.
👉 SpaceX might also be excluded from key defense contracts, including parts of the massive $175B “Golden Dome” missile defense initiative.
Trump’s message:
“I want Elon’s companies to THRIVE… but not on taxpayer subsidies.”
🪙 Where Does Crypto Come In?
1. Trump Coin ($TRUMP) Surges 📈
As tensions rise, pro-Trump investors are backing the $TRUMP token — up 12% today. Analysts see this as a rallying cry against Big Tech and in favor of Trump’s shifting economic agenda.
2. Dogecoin ($DOGE) Slips
While Musk hasn’t commented on crypto today, DOGE fell 4%, possibly reflecting doubts about his continued influence. If Trump tightens the screws on Musk’s federal access, it could weaken his standing — including as a major voice in crypto.
3. Bitcoin & Stablecoins Gain Traction Politically
Behind the scenes, Trump is leaning toward Bitcoin and stablecoin adoption through his media and political platforms. Word is, he’s exploring them as part of a new “America Party” — a strategic answer to Musk’s rumored “X-coin” ambitions.
🧠 Head-to-Head Overview
TrumpElon MuskCrypto ImpactReducing subsidies for Musk’s companiesResponds coolly: “No big deal”$TRUMP pumps as MAGA support growsPotentially blocking SpaceX from contractsSpaceX pressing ahead$DOGE drops — concerns over Musk’s crypto pullEmbracing BTC & stablecoins in politicsLong hinted at X-coin & DOGETwo heavyweights, clashing over crypto’s future
The quiet feud between Trump and Musk is heating up — and crypto markets are already reacting.
