Donald Trump

Elon Musk

<ul> 
 <li><strong>Trump-Musk X Spaces event fuels crypto rally speculation amid growing Trump family crypto ties.</strong></li> 
 <li><strong>Potential major crypto announcements could spark market shifts during the anticipated Trump-Musk discussion.</strong></li> 
</ul>  
<p>A scheduled meeting between Tesla CEO Elon Musk and Republican Presidential candidate Donald Trump is stirring anticipation in the crypto world. As we <a href="https://www.crypto-news-flash.com/donald-trumps-social-media-app-truth-social-is-beating-elon-musks-twitter-as-trump-rules-out-return-to-twitter/">discussed</a> earlier, Donald Trump’s social media app, Truth Social, is outperforming Elon Musk’s Twitter as Trump rules out a return to Twitter.</p> 
<p>The meeting will take place on Monday at 8 p.m. EST on X Spaces, as confirmed by Trump on Truth Social.</p> 
<p>The event is generating buzz, especially after Trump Jr. hinted at a major crypto and DeFi announcement, fueling speculation of a significant update in the crypto sphere. The Trump family’s increasing involvement in crypto, from NFTs to recent Bitcoin Conference appearances, has heightened interest.</p> 
<p>However, it was not clear whether crypto will be a key topic at the meeting. The potential for market impact is high. The discussion could cover a range of issues, including technology and macroeconomics. Market watchers are keenly awaiting details, as Elon Musk and Donald Trump’s mutual support has already set a charged backdrop for the event.</p> 
<h2 id="could-donald-trump-and-elon-musk-s-interview-spark-a-bitcoin-rally">Could Donald Trump and Elon Musk’s Interview Spark a Bitcoin Rally?</h2> 
<p>Reiterating a previous CNF <a href="https://www.crypto-news-flash.com/donald-trumps-crypto-campaign-raises-4-million-in-crypto/">report</a>, former U.S. President Donald Trump’s re-election campaign has raised over $4 million in crypto funds since it started accepting crypto donations. A significant amount of this, $2 million, has been contributed by Gemini co-founders, the Winklevoss Twins. According to CoinMarketCap, BTC is trading at <strong>$58,923.87</strong> with a decrease of <span style="color: #ff0000;"><strong>3.75%</strong></span> in the past day and an increase of <span style="color: #008000;"><strong>12.36%</strong></span> in the past week. See the BTC price chart below.</p> 
<p><span data-sheets-root="1"></span></p>
<div class="cryptoboxes" id="mcw-19491" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="bitcoin" data-symbol="BTC" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="month" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>

Could Donald Trump and Elon Musk’s Interview Spark a Bitcoin Rally? X Spaces Event Draws Crypto Market Attention

Table of Contents

Crypto News Flash

Other articles published on Aug 12, 2024

ZKX Protocol Closes, Triggering Over 50% Drop in ZKX Token Value

XRP $1.10 Call Option Sees A Huge Surge; Are XRP ETF Speculations Driving It?

Pennsylvania Professor Jeremy Siegel Urges Immediate 0.75% Rate Cut Amid Global Market Crash

BRICS: The US dollar is in decline, and the consequences could be disastrous…

Market Stability vs. Rate Hikes: Ex-BOJ Official Weighs In on Japan’s Strategy

$150,000 BTC Price Expected After September, Following Massive $44,000 Dip in Early September

Join our free newsletter for daily crypto updates!