{"id":35815,"date":"2025-07-08T19:31:32","date_gmt":"2025-07-08T19:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35815"},"modified":"2025-07-08T19:31:32","modified_gmt":"2025-07-08T19:31:32","slug":"trump-vs-musk-gets-ugly-could-crypto-take-a-hit-in-the-crossfire","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35815","title":{"rendered":"Trump Vs. Musk Gets Ugly\u2014Could Crypto Take A Hit In The Crossfire?"},"content":{"rendered":"
\n

US President Donald Trump lashed out at Elon Musk on Truth Social late Sunday after Musk revealed plans for a new political group.<\/p>\n

Musk had posted on X<\/a> on July 5 that he wanted to launch the \u201cAmerica Party.\u201d<\/a> Trump fired back on July 6, calling the move a sign that Musk has gone \u201ccompletely \u2018off the rails,\u2019 essentially becoming a \u201cTrain Wreck\u201d<\/a> over the past five weeks.\u201d<\/p>\n

America Party Faces Early Questions<\/h2>\n

According to Musk\u2019s July 5 post, he wants a third option for voters fed up with the two main parties. Based on reports, he\u2019s yet to file formal paperwork or outline how the America Party would win ballot access in key states.<\/p>\n

\n

By a factor of 2 to 1, you want a new political party and you shall have it!<\/p>\n

When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.<\/p>\n

Today, the America Party is formed to give you back your freedom. https:\/\/t.co\/9K8AD04QQN<\/a><\/p>\n

\u2014 Elon Musk (@elonmusk) July 5, 2025<\/a><\/p>\n<\/blockquote>\n

Trump pointed out that third parties have never broken through in modern US politics. He also took a shot at Democrats, saying they\u2019ve \u201clost their confidence and their minds\u201d over his recent crypto projects.<\/p>\n

\"\"<\/p>\n

Musk Pushes Back On Big Spending Bill<\/h2>\n

In recent weeks, Musk criticized what he called the \u201cBig Beautiful Bill,\u201d<\/a> a massive spending package in Congress. He wrote on X that it was a \u201cdisgusting abomination\u201d packed with \u201cpork.\u201d<\/p>\n

\n

\u201cDisgusting abomination.\u201d That\u2019s how @elonmusk<\/a> described @realDonaldTrump<\/a>\u2019s flagship domestic policy bill in a scathing series of posts on X.<\/p>\n

Musk criticised the bill for being \u201cpork-filled\u201d and warned it would massively inflate the U.S. budget deficit, calling out lawmakers\u2026 pic.twitter.com\/TU69sJsLGQ<\/a><\/p>\n

\u2014 Outlook Business (@outlookbusiness) June 4, 2025<\/a><\/p>\n<\/blockquote>\n

Trump responded by reminding Musk that he plans to end the federal electric vehicle mandate, something Musk supposedly agreed to without complaint. That swipe hints at a deeper split over how much the government should steer clean\u2011energy policy.<\/p>\n

Market Traders Keep Watching<\/p>\n

Cryptocurrency prices barely budged after Trump\u2019s post. Bitcoin<\/a> remains above $108,000 and has held that level since early summer. Dogecoin<\/a> \u2013 the memecoin that has been closely associated with Musk \u2013 trades near $0.16, bouncing off that mark several times in the last 24 hours.<\/p>\n

<\/p>\n

TRUMP coin dipped to about $8.47 following Trump\u2019s comments, then bounced right back as fans shrugged it off. Based on reports from crypto analysts, the feud could still add volatility if it drags regulators or big investors into the fray.<\/p>\n

What Third Parties Really Need<\/p>\n

History shows that building a new party takes more than social\u2011media polls. You need grassroots organizers, hundreds of thousands of petition signatures and millions in funding.<\/p>\n

Musk\u2019s fanbase might help with online buzz, but turning clicks into real voters is a different challenge. Trump noted this gap and cast doubt on whether Musk has a plan beyond stirring the pot on X.<\/p>\n

Next Moves Could Matter<\/p>\n

It\u2019s still early days. If Musk files with the Federal Election Commission or names state directors, the story will shift from rumor to reality. And if Trump follows up with threats to pull back support for Tesla or SpaceX contracts, markets might start to pay closer attention.<\/p>\n

For now, though, it\u2019s mostly a public spat. Both men are used to moving markets, including crypto, with a single tweet or post, but so far neither side has shown the playbook that would really change the game.<\/p>\n

Featured image from Nine, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

US President Donald Trump lashed out at Elon Musk on Truth Social late Sunday after Musk revealed plans for a new political group. Musk had posted on X on July 5 that he wanted to launch the \u201cAmerica Party.\u201d Trump fired back on July 6, calling the move a sign that Musk has gone \u201ccompletely […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35815","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35815"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35815\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}