Elon Musk has announced he’s starting his own political party called the “America Party," while dropping hints he’s still backing

Bitcoin is now sitting above $117,000 for the first time in its history, rising more than 60% since its lowest point in April. The exact figure? $117,080.

Elon Musk's newly launched 'America Party' will embrace Bitcoin, the billionaire tech mogul confirmed. On July 6, an X user with the handle @RenatoLima_X asked Elon Musk if America Party will embrace Bitcoin, to which the billionaire responded, "Fiat is hopeless, so yes." Bitcoin jumped from $108,735.07 to $109,361.29 following Musk's confirmation.

Elon Musk quietly stacking Bitcoin has sparked massive buzz across the crypto world after he liked a tweet suggesting hes secretly buying BTC. With Bitcoin now trading at $107,750.71, up nearly 85% since July 2024,