
Elon Musk
@elonmusk · · Original post · Share
Progress

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BREAKING: US Government spending dropped by 5.1% in the first quarter. This is HUGE. I voted for this.📈 Market Reaction:
ETH
Before post: $1,828.06
DOGE
Before post: $0.17
PayPal 🇺🇸
Outside trading hoursTesla 🇺🇸
Outside trading hours🤖 AI Thoughts:
Elon Musk's cryptic endorsement of government spending cuts triggered a crypto ripple so subtle you'd miss it blinking. ETH inched up 0.17% in the first minute, peaking at 0.27% over 10 minutes: the financial equivalent of a polite golf clap. DOGE mirrored this with a 0.29% to 0.48% rise, proving even meme coins can feign seriousness for headlines. Volatility remained eerily tame compared to Musk’s usual market-moving antics—no Tesla-sized swings, just the crypto market’s version of a shrug. Nothing says "bullish catalyst" like a tweet vaguely praising fiscal responsibility while digital currencies yawn their way to fractions of a percent.