💡 Inside Track & Deep Insight
Elon Musk on Friday responded with a laughing emoji to posts by Bitcoin and gold advocates @AndrewBTC and @JoshRainerGold, signaling a dismissive attitude toward their critiques. The brief exchange comes amid Musk's ongoing vocal support for Dogecoin and his recent hints at integrating crypto payments into X (formerly Twitter).
Market observers noted that Musk's reaction, while informal, reflects a broader shift in his public crypto stance. After earlier endorsements of Bitcoin for Tesla payments, Musk has moved away from the flagship cryptocurrency, citing environmental concerns and transaction speeds. The terse response to @AndrewBTC and @JoshRainerGold suggests Musk remains unmoved by arguments favoring Bitcoin or gold as stores of value.
The interaction had no immediate impact on crypto prices, with Bitcoin hovering near $61,000 and Dogecoin down 2% in the past 24 hours. However, analysts caution that Musk's whimsical commentary continues to influence retail sentiment in the crypto space, particularly for meme coins.
👇 Original Post on X
😂
— Elon Musk (@elonmusk) June 8, 2026