Donald Trump and Elon Musk Captivate Over a Million Viewers on Twitter Spaces, but Disappoint the Crypto Community

During a highly anticipated Twitter Spaces conversation on Monday, former President Donald Trump and Tesla CEO Elon Musk captivated over a

Former President Donald Trump and Tesla CEO Elon Musk engaged in a highly anticipated conversation on Twitter Spaces on Monday, captivating over a million viewers. Notably, the crypto community tuned in, expecting the conversation to highlight cryptocurrencies.

However, both Trump and Musk steered clear of the topic, despite anticipation and betting activity surrounding potential mentions.

Prior to the interview, the crypto community eagerly anticipated the conversation. Betting platforms like Polymarket witnessed substantial sums wagered on whether Trump would mention “crypto” or “Bitcoin” during the conversation.

Bets on the mention of “crypto” surpassed $850,000, while the possibility of “Bitcoin” being discussed attracted nearly $500,000 in bets, reaching a 70% probability. Additionally, over $500,000 was at stake on Trump mentioning “Tesla,” although he avoided the term by referring to Musk's products as “your cars.”

“Spent three hours listening Elon and Trump space but they didn’t mention ‘crypto’,” a Bitcoin enthusiast on X user Naiive remarked.

The lack of crypto discussion also resulted in a sharp decline in the value of several Donald Trump-themed meme coins. Notably, MAGA (Trump) and MAGA (MAGA) meme coins, which had soared in value in anticipation of the interview, dropped by approximately 15.58% and 27.35%, respectively, during the conversation.

一方で、一部の人々はトランプ大統領の仮想通貨に関する立場に楽観的だ。

“Trump didn't say the words ‘Bitcoin’ or ‘crypto’ tonight, and I think that's okay. His campaign is clearly pro-crypto. That's enough. Too much politics in Bitcoin is distracting,” crypto entrepreneur Willem Schroe noted.

The conversation covered a wide range of topics, including illegal immigration, the economy, artificial intelligence, and global warming. However, Trump's consistent omission of crypto during such events hints at a cautious approach. He also avoided mentioning crypto during the first Presidential debate in June.

Despite this reticence during public appearances, Trump's engagement with the crypto community is evident at more targeted events. He recently announced crypto policies at the Bitcoin 24 conference in Nashville, showing targeted support for the industry. This strategic approach is also reflected in the crypto industry's support for Trump, with substantial donations at crypto-focused fundraisers.

In the broader political landscape, the betting markets showcase competitive odds for the upcoming US Presidential election. Despite Trump's backing within certain sectors, Vice President Kamala Harris currently leads in the polls. According to Polymarket, Harris has a 52% chance of winning, compared to Trump's 46%.

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