Elon Musk launched a poll indicating that 80.4% of over 5.63 million votes favor the creation of a new political party in the U.S. This follows his criticism of the current two-party system, aiming to establish an ‘America Party’ to fill representation gaps.
Despite the significant political buzz around Musk’s announcement, financial markets reacted mixedly, predominantly impacting Tesla stock rather than cryptocurrencies. Ethereum shows remarkable stability, currently priced at 2,475.48 USD, with a total market cap around 298.83 billion USD.
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