Crypto News Live Today, Bitcoin Price, Ethereum Price USD,XRP News,Elon Musk And More…..

Crypto News Today

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July 7, 2025 05:13:44 UTC

Elon Musk Says America Party Will Embrace Bitcoin, Trump Calls Him a ‘Wreck’

Elon Musk, in a recent X post, said that his America Party will support Bitcoin. When a user asked if the party would embrace Bitcoin, Musk replied, “Fiat is hopeless, so yes.” He announced the formation of the party on Saturday, aiming to break the Republican-Democrat stronghold. This comes amid a rift with Donald Trump, who recently signed the “Big Beautiful Bill”—a move which Musk has criticized for worsening the national deficit. Donald Trump fired back at Elon Musk on Truth Social, calling him a “TRAIN WRECK” who has “gone off the rails” in recent weeks. He also mocked his plan to launch a third political party.