<ul data-eligibleForWebStory="false"><li>Elon Musk launched the America Party in response to the $3.4 trillion bill passed by Donald Trump, aiming to impact key House and Senate races.</li><li>Musk, who previously invested in Bitcoin through Tesla, is showing renewed interest in the cryptocurrency following environmental developments and price movements.</li><li>Recent factors supporting Musk's backing of Bitcoin include post-halving scarcity, institutional investment trends, Bitcoin's role as a fiscal hedge, and its current price stability.</li><li>Musk's move ties Bitcoin to his political agenda, potentially affecting US voters and candidates in the 2026 elections, while facing challenges like Bitcoin's volatility and regulatory risks.</li></ul>

Elon’s America Party Has a Satoshi-Sized Plank: Why Musk Is Betting on Bitcoin

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