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Elon Musk debt bomb Flash News List | Blockchain.News
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List of Flash News about Elon Musk debt bomb

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2025-06-05
10:30
Elon Musk Agrees with Massie: U.S. Debt Bill Called 'Debt Bomb Ticking'—Implications for Crypto Markets in 2025

According to Fox News, Elon Musk publicly supported Thomas Massie's view that the recently passed debt bill represents a 'debt bomb ticking' and a 'missed opportunity' for conservatives (source: Fox News Twitter, June 5, 2025). For traders, this high-profile criticism underscores growing concerns about U.S. fiscal stability, which historically increases demand for decentralized assets like Bitcoin and Ethereum. Any perception of increased government debt risk may drive capital flows into cryptocurrencies as a hedge, potentially impacting BTC and ETH price volatility in the short term.

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