Bitcoin and stocks surge after report that DOGE boss Elon Musk will leave Trump orbit

Bitcoin saw a significant rise to $87,300 after reports indicated that Elon Musk would step back from his advisory role with President Trump. This news fueled optimism in the crypto and stock markets.

The market responded positively, reflecting traders’ views amid concerns that Musk may become a political liability for Trump after recent electoral setbacks. Tesla’s stock also benefitted, rebounding amid production challenges.

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