Elon Musk Officially Supports Bitcoin: A New Political Milestone in the Journey to Legalize Cryptocurrency

The event where billionaire Elon Musk publicly supports Bitcoin through the new political platform – "America Party" ( – is being seen by experts as a historic turning point in the integration of cryptocurrency into the mainstream political and financial flow in America. According to Nigel Green, CEO of the global financial consulting firm Devere Group, Musk's action is not only symbolic but also marks a comprehensive transformation of Bitcoin – from a speculative asset to becoming part of the national economic strategy. "Musk is pushing Bitcoin deeper into public life, but he is not alone. He is simply accelerating on a current that has been sparked since the Trump administration," Mr. Green commented. From Trump's Policy to Musk's Strategy The flow that Mr. Green refers to began in March, when former President Donald Trump signed an executive order to establish the Strategic Bitcoin Reserve ) – a revolutionary move in the U.S. government's approach to digital assets. According to Mr. Green, this order has "redefined Bitcoin – from an unstable financial entity to a recognized national store of value asset." "Trump has institutionalized Bitcoin through federal policy. Elon Musk is now integrating it into the democratic process. These two parallel streams are creating a strong momentum for the entire cryptocurrency industry," he emphasized. America – the largest economy in the world – officially bringing Bitcoin into the framework of policy and politics not only creates a domestic effect but also forces global financial institutions to seriously reassess their approach to this asset. Bitcoin is being normalized by the most influential power levers on the planet – this brings vitality and sustainability to it. Musk – The new politician of Bitcoin Elon Musk, previously serving as the Director of the Government Efficiency Agency (Department of Government Efficiency - DOGE) under Trump, had a political turning point when he publicly criticized Trump's tax and spending legislation, calling it "a disgusting exacerbation of public debt and a sabotage of clean energy credit." This conflict has led to Musk abandoning Trump and founding the "American Party" with a vision to surpass the current two-party system. In the first agenda, Musk officially recognizes Bitcoin as a strategic financial pillar in the future digital economy of America. "This is no longer a game for speculators. Bitcoin has now become a political variable. This forces institutional investors to reassess their entire approach strategy," Mr. Green analyzed. Market Reactions and Long-Term Impacts Immediately after Musk's announcement, the market reacted positively, with Bitcoin prices rising sharply as investors quickly repositioned this asset in the new political context. According to Devere Group, Musk's actions are driving a wave of institutional adoption – not just for potential profits, but due to structural pressures from national policy. "The political platforms and policies have created a strong tailwind for Bitcoin. Large investors can no longer turn a blind eye. The story is no longer 'is Bitcoin worth investing in', but 'how not to be left behind in a new financial order taking shape,'" Mr. Green concluded. Conclusion The combination of two major forces – federal policies from Trump and political direction from Musk – is laying the groundwork for an unprecedented era of Bitcoin legalization. This is not only a victory for the cryptocurrency community but also an important step in reshaping the role of digital assets in the global finance. Bitcoin is no longer just a financial tool – it is a part of the power game. And with the backing of the most powerful figures in the world, it is rapidly moving towards the center of the global economic and political system.