Musk Confirms Trump Doge Dividend Check Support—Sparking Wild Bitcoin And Crypto Price Speculation

Bitcoin and crypto prices have surged higher, climbing despite fears of “price suppression" and a stark JPMorgan warning.

The bitcoin price has surged toward $100,000 per bitcoin, bouncing back after falling to just over $90,000—something some fear could herald a serious stock market warning.

Now, after Elon Musk was pitched a bitcoin “fix” to questions over the U.S. gold reserves, Musk has confirmed U.S. president Donald Trump supports the idea of sending Doge department of government efficiency dividend checks to U.S. taxpayers—potentially boosting the bitcoin price.

“I talked to the president and he is supportive of [the idea],” Musk, who is leading the Doge department of government efficiency, told the Conservative Political Action Conference (CPAC).