{"id":78774,"date":"2025-07-07T12:10:06","date_gmt":"2025-07-07T12:10:06","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=78774"},"modified":"2025-07-07T12:10:06","modified_gmt":"2025-07-07T12:10:06","slug":"elon-musk-confirms-new-america-party-will-accept-bitcoin","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=78774","title":{"rendered":"Elon Musk Confirms New America Party Will Accept Bitcoin"},"content":{"rendered":"

Tesla CEO and tech mogul Elon Musk<\/a> has officially confirmed that his newly formed political party, the America Party, will accept BTC \u25b20.84%<\/span><\/a>.<\/p>\n

Responding to an X user who asked whether his party would embrace BTC, Musk replied bluntly:<\/p>\n

\u201cFiat is hopeless, so yes.\u201d \u2014 Elon Musk<\/p>\n

Pitched as a jailbreak from the Democratic-Republican duopoly, the America Party announcement came alongside a sudden surge in Dogecoin<\/a>. Whether coincidence or calculated, the signal was clear that Musk still has enormous market sway in crypto.<\/p>\n

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Dogecoin<\/div>\n
Price<\/div>\n
Market Cap<\/div>\n<\/div>\n
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DOGE<\/div>\n
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$25.76B<\/div>\n<\/div>\n<\/div>\n<\/div>\n
24h<\/span>7d<\/span>30d<\/span>1y<\/span>All time<\/span><\/div>\n<\/div>\n<\/div>\n

DISCOVER:\u00a0Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n

Tesla\u2019s Bitcoin History and Musk\u2019s Crypto Legacy<\/h2>\n

Elon Musk made waves in early 2021 by parking $1.5 billion of Tesla\u2019s treasury into Bitcoin. Fast forward, Tesla\u2019s 11,509 BTC stash is now worth roughly $1.26 billion, which is enough to place it ninth among public companies holding crypto.<\/p>\n

While the company briefly accepted BTC for vehicle payments, it later paused the program citing environmental concerns. However, the infrastructure for future integration may still be in play.<\/p>\n

JUST IN: Elon Musk said his new political party will embrace #Bitcoin<\/a> <\/p>\n

\u201cFiat is hopeless\u201d pic.twitter.com\/LGpFEugTvs<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) July 7, 2025<\/a><\/p>\n\n

Musk\u2019s decision to launch a new political party comes amid growing tensions with former President Donald Trump. The friction escalated after Trump unveiled his \u201cOne Big Beautiful Bill,\u201d a proposed economic plan projected to add $3.3 trillion to the U.S. national debt.<\/p>\n

\u201cUtterly insane and destructive.\u201d \u2014 Elon Musk<\/p>\n

Political Rift with Trump Over Crypto and Debt<\/h2>\n

Musk began his split from Trump when he questioned the logic of launching initiatives aimed at reducing the debt while simultaneously inflating it with such policies.<\/p>\n

\u201cWhen it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,\u201d Musk posted online shortly after criticizing Trump\u2019s landmark \u2018Big Beautiful Bill<\/a>.\u2019<\/p>\n

These comments reflect a broader dissatisfaction with both political parties and laid the groundwork for Musk\u2019s America Party, which he describes as one that \u201cactually cares about the people.\u201d<\/strong><\/p>\n

DISCOVER:\u00a020+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n

Dogecoin Price Surges on Political Speculation<\/h2>\n

The crypto market responded quickly to Musk\u2019s political move. Dogecoin rallied more than 5% following the announcement, rising from $0.163 to $0.171.<\/p>\n

Trading volume exceeded $1.1 billion, with whale wallets aggressively accumulating DOGE even as smaller holders sold off positions.<\/p>\n

Bitcoin\u2019s sitting comfortably above $108,000, but the bigger setup may be geopolitical. Musk\u2019s renewed crypto activity, combined with dovish Fed rumors, all hint at a convergence of forces that could light a fire under BTC in the coming months.<\/p>\n

EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive<\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n

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Key Takeaways<\/h2>\n\n

Tesla CEO and tech mogul Elon Musk<\/a> has officially confirmed that his newly formed political party. <\/p>\n

All eyes are on Powell this month. As inflation lingers and labor metrics soften. <\/p>\n\n<\/div>\n

The post Elon Musk Confirms New America Party Will Accept Bitcoin<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Tesla CEO and tech mogul Elon Musk has officially confirmed that his newly formed political party, the America Party, will accept BTC \u25b20.84%. Responding to an X user who asked whether his party would embrace BTC, Musk replied bluntly: \u201cFiat is hopeless, so yes.\u201d \u2014 Elon Musk Pitched as a jailbreak from the Democratic-Republican duopoly, […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78774","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78774"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78774"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78774\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}