The entire world, including cryptocurrency investors, is eagerly awaiting the interview between Elon Musk and Donald Trump. Musk announced that he conducted the final stress test on the X platform to avoid any issues before the interview. This indicates that Musk is taking precautions for a significant increase in activity during the interview scheduled for Monday at 8 PM EST on X Spaces. According to Musk, the interview will be completely uncensored and unfiltered, with no limitations on the subject matter.
Donald Trump Interview Approaches
The interview between former U.S. President and current candidate Donald Trump and Elon Musk, one of the world’s wealthiest individuals and owner of X, is expected to be one of the most-watched interviews in history. Musk appears to be taking measures on X in anticipation of this event.
Before my interview with Donald Trump, I will conduct some system scaling tests tonight and tomorrow.
The interview is expected to cover a broad range of topics, including finance, technology, macroeconomics, cryptocurrency, and other geopolitical issues. The duo may also discuss existing concerns about the recession in the United States.
Elon Musk is known to openly support Donald Trump in the presidential election, which is believed to have the potential to change the fate of the United States. On the other hand, Trump seems to be eyeing opportunities in the cryptocurrency space. Additionally, it was announced that Trump will debate Democratic candidate Kamala Harris next month in September.
Lastly, it was noted that Donald Trump’s sons have been working on a DeFi crypto platform to eliminate inequality in the banking sector. Given this, it is likely that Trump may discuss this topic during the interview.
Current State of the Cryptocurrency Market
In the cryptocurrency market, Bitcoin has seen a 4.5% drop, trading at around $58,500, indicating significant weekend sales. Meanwhile, Solana has dropped more than 7.5%, falling to $143.
Amidst all this, the decline in the crypto market ahead of important economic indicators to be announced in the U.S. this week has raised questions. The U.S. will release CPI figures for July and monthly retail sales.
Additionally, there are talks that Democrats in the U.S. might launch a cryptocurrency campaign for Harris.
