Elon Musk made an official appearance alongside former President Donald Trump during a rally in Butler, Pennsylvania. This event marked Musk's first public endorsement of Trump, highlighting a strong partnership between the two influential figures.
The pro-Trump speech by Musk had a significant impact on cryptocurrency investments, resulting in a remarkable $113,000 profit for a particular investor within just 17 hours after the event.
Following the assassination attempt on Trump, the rally in Butler drew attention, with Musk's endorsement adding more focus and potentially influencing market reactions in favor of specific cryptocurrencies.
