Elon Musk Demands Epstein Files Release, Criticizes Trump

Elon Musk, CEO of Tesla and X, calls for the release of the Epstein files, questioning former President Donald Trump’s transparency in early July 2025.

The event highlights Musk’s stance on transparency, but it has not prompted any noted response in cryptocurrency markets.

Musk Questions Trump’s Transparency Over Epstein Files

Elon Musk, CEO of X and Tesla, publicly questioned Trump’s transparency regarding Epstein files, suggesting unpublicized information might involve the former president. In early July 2025, Musk used his X account to demand the file release, later deleting the posts.

No substantial evidence supports a direct effect on financial markets or cryptocurrency valuations from Musk’s comments. Crypto exchanges and key opinion leaders remain silent, suggesting limited market concern.

Donald Trump has yet to address the Epstein files claims formally, opting instead to counter Musk’s remarks by attacking Musk’s dependence on government subsidies. Notable lawmaker letters to the Attorney General and FBI Director mark the only official actions.

Bitcoin Steady Amid Musk and Trump Controversy

Did you know? In past instances, public figures’ statements, including those by Elon Musk, have led to short-term volatility in crypto markets, but similar effects have not been seen with these Epstein-related discussions.

According to CoinMarketCap, Bitcoin (BTC) currently trades at $108,992.34, with a market cap of $2.17 trillion and a 64.23% market dominance. The 24-hour trading volume stands at $45.49 billion, reflecting a 1.10% daily increase. Its circulating supply is 19,889,462 out of a maximum 21 million.

Musk’s public allegations have not altered existing cryptocurrency trends despite his prior influence on short-term moves. Crypto communities continue centering their focus on industry developments over unresolved and speculative political issues. Future regulatory or technological impacts remain speculative without concrete developments.