NewsletterDonald Trump and Elon Musk Interview On Monday? Will It Spark A Crypto Rally?
Highlights
- The Tesla CEO and former President's X Spaces is confirmed for Monday
- Conversations might include Bitcoin and the crypto industry
- This might trigger a massive market price rally
A scheduled meeting between Tesla CEO Elon Musk and Republican Presidential candidate Donald Trump is causing tension to build up in the crypto ecosystem. Based on the revealed schedule, the meeting will hold on Monday by 8pm EST on X Spaces.
Crypto May Feature In the Interview
The X interview was first unveiled last week and has been confirmed by the former President on Truth Social. Several X community members believe that this meeting will reign as the biggest Spaces in all of history. Noteworthy, this interview is coming at a time when the former President’s son hinted at a major crypto and DeFi announcement.
“We’re about to shake up the crypto world with something HUGE. Decentralized finance is the future—don’t get left behind,” Trump Jr. wrote, causing an uproar in the crypto industry.
Eric Trump, another of Trump’s son, also shared his new-found love for the crypto ecosystem and DeFi. It looks like an affinity for crypto has overtaken the family and they are not careful to share their feelings with anyone that cares to listen. From the launch of several Non-Fungible Tokens (NFTs) by the former President to featuring at the last Bitcoin Conference 2024, the crypto statement is becoming very loud.
While it remained uncertain if the big news will be unveiled on Monday, the speculation remain high at the moment. Depending on whether crypto features at the event or not, the market might see a massive rally this week.
Elon Musk and Donald Trump Relation
As two vocal personalities in global politics and crypto, the anticipation is growing.
Beyond Bitcoin, there are several guesses about other potential subject of discussion. These may include critical issues related to technology, financial, macroeconomic, as well as geopolitical matters. For now, market watchers are keeping tabs of the details of the possible discussions that could unfold at the event.
In the last few weeks, Americans have seen Elon Musk show immense support to the former President. It became official after a failed assassin attempt on Donald Trump where he sustained a bruise to his ear. A few hours after the attack, the Tesla CEO took to X to endorse the Republican party candidate.
The endorsement became mutual when the President voiced his support for the billionaire and his business on X.
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