Blockchain
Elon Musk Backs Bitcoin in America Party Launch, Market Reacts
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The world’s richest man says Bitcoin will be part of the official platform of his new “America Party,” sending BTC close to the $110,000 mark earlier today. The move comes just days after Musk broke away from the Republican Party over a controversial budget bill pushed by Donald Trump.
When asked if his new party would support Bitcoin, Musk replied: “Fiat is hopeless so yes.”
That one sentence was enough to set off a fresh wave of excitement in the market. This is big news. Here’s what you should know.
Bitcoin Gets Political
Musk’s…
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