According to The Kobeissi Letter on Twitter, Elon Musk has strongly criticized President Trump's Congressional spending bill, calling it a 'disgusting abomination' and expressing frustration over what he describes as excessive and wasteful government spending (Source: @KobeissiLetter, June 3, 2025). This high-profile condemnation of large-scale fiscal stimulus could increase market uncertainty, leading to heightened volatility in both traditional markets and cryptocurrencies. Traders should monitor Bitcoin and Ethereum price action closely, as negative sentiment toward government spending has historically triggered capital inflows into decentralized assets and safe-haven cryptos. Additionally, altcoins and stablecoins may see increased trading volumes as investors seek to hedge against potential USD devaluation.