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Highlights
- Donald Trump might likely throw some light on the DeFi project by Trump Jr. during the interview.
- Elon Musk said that this would be a completely unscripted interview with no limits subject matter.
- Crypto market turns jittery ahead of the Donald Trump interview with eyes on US CPI for July.
As everyone remains excited about the most-awaited interview between Elon Musk and Donald Trump, the billionaire is doing the final stress test of its X platform on Sunday night. This shows that Musk is expecting a huge activity surge during the interview time on Monday, by 8 pm EST on X Spaces. Musk has already stated that this would be an absolutely unfiltered interview with no bar on the subject matter.
All Eyes on Donald Trump Interview
With two of the most popular personalities in the United States and across the globe coming together for an interview, this could be the biggest X-Spaces event in the history of the social media platform. Elon Musk anticipated the massive rush online to this interview and thus made preparations beforehand with his team.
“Am going to do some system scaling tests tonight & tomorrow in advance of the conversation with Donald Trump,” he wrote.
This is unscripted with no limits on subject matter, so should be highly entertaining!
If you have specific questions & comments, post them under the chat.
— Elon Musk (@elonmusk) August 12, 2024
The interview could span discussions around a wide range of topics such as finance, technology, macroeconomics, crypto, and other geopolitical issues. The two might also be discussing the concerns around the US recession hovering around in the market.
Elon Musk has extended his support to Donald Trump with open arms in this presidential campaign. On the other hand, Trump is grabbing every possible opportunity to sway the crypto industry and won’t leave this as well! Interestingly, Trump has also agreed to debate with Kamala Harris, next month in September.
Last week, Donald Trump Jr. said that he’s working on a DeFi crypto platform to address the inequality in the banking space. Thus, there’s every possibility that the former US President could be speaking on these lines during the interview on Monday.
Crypto Market Sell-Off
The broader cryptocurrency market is facing a massive sell-off recently with the Bitcoin price slipping by another 4% all the way to $58,500 levels. Besides, other altcoins have also dropped by a similar magnitude with Solana dropping more than 7.5% and slipping all the way to $143 levels.
The crypto market selloff comes ahead of the key economic indicators coming ahead this week. The US would announce the CPI numbers and monthly retail sales for July. On the other hand, the US Democrats would be launching the Crypto For Harris Campaign.
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