• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Elon Musk and Trump: Bitcoin Enters the Political Arena

user avatar

by Giorgi Kostiuk

9 hours ago


Elon Musk and Donald Trump introduce Bitcoin into a new political context, transforming it into a tool of state policy and investment strategy.

Transition from Speculation to National Strategy

Bitcoin has long had a dual nature: part speculative vehicle, part digital gold. However, recent changes, like Trump's executive order creating a Strategic Bitcoin Reserve, shift this dynamic. Nigel Green of Devere Group noted, 'He’s stepping into a slipstream that was already building under the Trump administration.'

Institutional Implications of Political Alliances

The market is already responding to these new political movements. Bitcoin prices began to rise shortly after the endorsement announcement. 'Bitcoin is no longer a pure market asset; it’s now a political variable. It changes how institutional capital must evaluate it,' Green stated. This leads global financial players, such as sovereign funds and pension plans, to reassess their strategies.

Bitcoin as a Sovereign Asset

As a result, Bitcoin is gaining recognition as a sovereign asset. Green suggests this will reshape U.S. fiscal and monetary policy for decades. With the addition of the Strategic Bitcoin Reserve, institutional investors are starting to ask questions about price targets that factor in political risk.

Bitcoin, once viewed as an experiment, now stands at the intersection of political power and strategic investing. The endorsements from Musk and Trump elevate Bitcoin to a new level of legitimacy in the eyes of institutional investors and governments.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Success of Project Voyager: Over $75,000 Raised in Craft World P2A Campaign

chest

Project Voyager campaign by Voya Games attracted 475,000 participants and raised over $75,000 in RON tokens.

user avatarGiorgi Kostiuk

Delayed Senate Hearing May Impact Crypto Market Volatility

chest

Senate hearings on the Crypto Market Structure Act are postponed to next week, potentially increasing market fluctuations amid uncertainty.

user avatarGiorgi Kostiuk

Record Surge in Bitcoin: Price Hits $113,788.23

chest

Bitcoin reaches a new record, soaring to $113,788.23 amidst the Fed's economic policy changes.

user avatarGiorgi Kostiuk

Cryptocurrency Insights: XRP Stabilizes, Mutuum Finance Attracts Investors

chest

An analysis of current events in the crypto industry, including XRP's latest rise and the successful presale of Mutuum Finance.

user avatarGiorgi Kostiuk

Pump.fun Launches PUMP Token Presale, Breaking Anti-ICO Principles

chest

Pump.fun has announced the initiation of the PUMP token presale, sparking community debates about centralization and launch fairness.

user avatarGiorgi Kostiuk

Grayscale Expands Investment Products with New Digital Assets

chest

Grayscale has unveiled new digital assets it considers for inclusion in its investment products.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.