According to Fox News, President Donald Trump told Bret Baier that he is not interested in talking to Elon Musk and is unconcerned about Musk’s suggestion of forming a third political party. This clear stance reduces uncertainty for crypto traders anticipating regulatory or policy shifts linked to Musk’s political influence (Source: Fox News Twitter, June 6, 2025). With Trump dismissing Musk’s political ambitions, there is no immediate trading impact expected for major cryptocurrencies such as Bitcoin and Ethereum. Market participants can expect stability in crypto-related regulatory sentiment in the near term.