Musk further posted, “It’s clear from this absurd spending package that we live under a single-party rule — the PORKY PIG PARTY!! A new party that genuinely represents the people is needed.
Historically, Elon Musk’s public commentary has had a pronounced effect on the market. Events like his SNL appearance and Tesla’s Bitcoin purchase announcement have shown how market sentiment can pivot based on his statements.
Analysts agree that as long as influential figures like Musk continue to voice strong opinions on major policies, the crypto market is likely to remain volatile, affecting both leading and emerging digital assets.
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