Trump and Musk are doing great things when it comes to crypto.
Trump said he wanted America to become "the crypto capital of the world". He passed orders to end the "regulatory war" against crypto. Also, he introduced a strategic Bitcoin reserve.
Here comes the most amusing thing. Bitcoin didn't get a boost as everyone expected. Some people say the "Trump bump" became non-existent.
And Musk also took part in this crypto hype. He claims that he believes in Bitcoin and supports its growth. Even saying "I pump but I don't dump" .
He also talks about Dogecoin. But he said they were just jokes. Still, every time he posts about it on Twitter, the price changes.
Also, recently Trump and Musk visited China with other CEO-s. It was believed that it could have a positive impact on crypto.
But there are controversies as well. Trump earned $500 million because of his crypto business. And some people aren't satisfied with this.
It's really exciting to follow these events. Politics and crypto are starting to mix. I'm just holding and watching what's happening.