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Crypto Politicsin Cryptocurrency
2 hours ago

Trump's pro-crypto stance drives momentum as he pushes for Fed rate cuts, registers a massive $12B Bitcoin reserve for Trump Media, and prepares to replace Powell, signaling major shifts in crypto and monetary policy.

Bitcoin Holds Above $105K Despite Donald Trump’s Threats Against Elon Musk

CoinDeskSaturday, June 7, 2025 at 7:07:17 PM
Bitcoin Holds Above $105K Despite Donald Trump’s Threats Against Elon Musk
Bitcoin is staying strong above $105,000, even after former President Donald Trump took shots at Elon Musk, who’s been a big supporter of crypto. Trump’s comments could’ve rattled the market, but Bitcoin’s resilience suggests investors aren’t easily spooked by political noise—at least for now.
Editor’s Note: This story highlights how Bitcoin, once seen as hyper-volatile, is maturing into an asset that can weather political storms. Trump’s criticism of Musk—a crypto heavyweight—might’ve caused a sell-off in the past, but the market’s shrug signals growing confidence in crypto’s staying power. For investors, it’s a sign that fundamentals (or hype) might matter more than celebrity feuds.
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