According to Crypto Rover, Elon Musk publicly responded to Coinbase CEO Brian Armstrong’s assertion that Bitcoin may take over as the world’s reserve currency, a statement that has triggered renewed optimism and increased trading activity in the cryptocurrency markets (source: Crypto Rover on Twitter, June 4, 2025). Leading analysts note that Musk’s engagement with Armstrong’s comments has historically driven significant volatility and volume in Bitcoin trading, with immediate price movements often following such high-profile endorsements. Traders are closely watching for further institutional responses and potential policy discussions, as Bitcoin’s narrative as a global reserve asset gains traction among major market participants.