<ul data-eligibleForWebStory="false">Elon Musk has formed the America Party, a centrist political party supporting cryptocurrencies, especially Bitcoin.Musk's America Party aims to challenge both Democrats and Republicans, with a focus on tech-forward and crypto-embracing policies.His criticism of the current financial system led Musk to endorse Bitcoin over fiat as a symbol of freedom and financial reform.Despite his fallout with Trump, both Musk and Trump show support for cryptocurrency, with Bitcoin's market cap surging.