Trump and Musk Skip Crypto Talk, Defying Market Predictions
CryptoNewsTerminal Staff12 Aug, 2024
Trump and Musk Skip Crypto Talk, Defying Market Predictions
According to Coindesk, former U.S. President Donald Trump and Tesla CEO Elon Musk neglected to mention cryptocurrency during their highly anticipated interview on the 12th (local time). This omission surprised many, as decentralized prediction market platform Polymarket had predicted a 69% probability of Bitcoin being mentioned, with $330,000 wagered on the outcome. Despite the absence of crypto-related discussions, the two-hour-long conversation covered a wide range of topics, including illegal immigration, artificial intelligence (AI), the economy, global warming, and diplomacy. This absence left some observers wondering about the reasons behind it. Possible explanations include a desire to avoid potential market manipulation or a decision to focus on more immediate and pressing issues. Regardless of the rationale, the lack of crypto talk highlights the unpredictable nature of the industry and the challenges in gauging the interest of key figures.
