CoinDesk Podcast Network What the Trump-Elon Breakup Means for Crypto | COINDESK DAILY
Jun 6, 2025
Tensions rise as Donald Trump and Elon Musk square off, capturing the crypto community's attention. The uncertain dynamics could shake markets and influence Bitcoin stability. As Polymarket bettors speculate on Trump's social media moves, insights into Tesla's crypto ventures reveal more potential volatility. The discussion also touches on the challenges facing decentralized autonomous organizations, making for an engaging examination of the crypto landscape.
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Crypto at Risk from Trump-Musk Rift
- The Trump-Elon Musk social media feud risks impacting crypto despite both parties' deep involvement in the space.
- Markets see about a 26% chance Trump will unfollow Musk, showing public interest in their rift's crypto implications.
Major Crypto Stakes by Trump and Tesla
- Tesla holds over $1.2 billion in Bitcoin, showing its significant crypto stake.
- Trump's family is also investing heavily, creating a Bitcoin treasury for Truth Social.
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