How will the crypto market react when Trump and Elon Musk eventually break up?

President Donald Trump and Mr. Elon Musk aren’t exactly what you’d call subtle. They’re loud, polarizing, and influential beyond belief. Together, they’re changing politics, technology, and, of course, the crypto market.

But unfortunately, cracks are already forming, and when this partnership crumbles, the fallout could hit crypto quite hard. You don’t need to be a “time traveler” like Drew Curtis to see it coming.

Trump and Elon have been cozy for a while now, with Elon even securing a spot in Trump’s administration as co-leader of the Department of Government Efficiency, fittingly abbreviated as D.O.G.E. But their shared love for deregulation and cutting government fat isn’t enough to paper over their massive differences.

Elon’s Tesla empire relies on China, while Trump’s economic game plan screams “tariffs and trade wars.” It’s a collision course, and crypto investors should buckle up for real.

Drew Curtis, Tesla, and the Trump problem

Curtis has called it: Trump will “throw Elon under the bus” in 2025. And as ridiculous as it sounds, Curtis has a track record. The guy accurately predicted COVID-19’s global chaos, so when he says Elon’s relationship with Trump is heading for disaster, some folks do listen.

His reasoning is that Tesla’s Shanghai gigafactory is too critical to Elon’s operations to be sidelined, and Trump’s tariffs on Chinese imports are anything but negotiable.

Curtis isn’t alone. Analysts are lining up to point out the obvious: this bromance is doomed. Trump’s “America First” policies are great for his base but terrible for Elon’s global empire. We’ve already seen him have like five different disagreements with Trump’s cabinet.

Adding to the tension, there’s rumor about legislation that might allow non-native U.S. citizens to run for president. If that happens, we’re looking at a potential 2028 showdown between Elon and Trump, who has already attempted to shut the rumors down saying, “I’m not worried. Elon is not the president. He’s never gonna be the president. You know why? He wasn’t born here.”

Crypto’s wild run

So what happens to crypto when these two giants go head-to-head? Chaos. Pure chaos. The crypto market thrives on drama, and this would be drama of the highest order. Both Trump and Elon are market movers. A single tweet from Elon has sent Bitcoin soaring or crashing in the past. And the ‘crypto president,’ well, he did single handedly push Bitcoin past $100,000.

Now the first thing to expect is volatility. Crypto prices already swing wildly on a good day, and this kind of news would send them into overdrive. Investors don’t like uncertainty, and a Trump-Elon split would create plenty of it.

Expect Bitcoin, Ethereum, and Dogecoin to feel the heat as traders scramble to make sense of the fallout. Investor confidence would take a hit, too. Elon, for all his faults, is a crypto darling. A hero, actually. If Trump sidelines him—or if Elon steps back from politics altogether—it would devastate investors who are expecting a monster run that can last four years. Oops.

As of press time, markets are already jittery. Bitcoin’s price is fluctuating, altcoins are stealing the spotlight, and investors are keeping a close eye on Trump’s upcoming crypto inaugural ball.

Though not everyone thinks the market will take that much of a hit. That’s because interestingly, Elon publicly distanced himself from promoting crypto last year, warning about scams and fake endorsements.

“If you see me endorsing crypto, it’s probably a deepfake,” the eccentric billionaire said on a podcast. “Except perhaps as a joke, you know, like DOGE. It’s a funny meme.”

The community didn’t take that very well, so his market influence isn’t what it once was. But come on, he’s still a massive force to be reckoned with. He’s Elon.

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