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Elon Musk announces his ‘America Party’ will embrace Bitcoin, criticizes Trump’s fiscal bill

  • Elon Musk has announced that his political movement, the 'America Party,' will embrace Bitcoin, criticizing traditional fiat currency.
  • Musk's opposition to President Trump's fiscal policies, particularly the 'Big Beautiful Bill,' has led to a rift between the two influential figures.
  • The 'America Party' aims to promote a pro-tech, pro-free speech, anti-regulation agenda, with an initial focus on House and Senate races.
  • Meanwhile, crypto markets reacted positively to hints of upcoming trade deals, with Bitcoin and other major tokens seeing price gains.

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