Bitcoin Bitcoin -0.2% and cryptocurrencies have surged higher, boosted by fears swirling over out-of-control government spending and former U.S. president Donald Trump's crypto bombshell.

Elon Musk was asked about the XRP Ledger on Sunday, but he dodged the question and instead talked about crypto in general as a defensive force against centralized control.

Cryptocurrencies, most notably Bitcoin, rose further after Tesla and SpaceX’s Elon Musk endorsed cryptocurrencies. In a recent campaign rally for the former Pre

Elon Musk still believes crypto is valuable, and this alone helps the industry see a massive performance boost.

SpaceX and Tesla CEO Elon Musk discussed various topics during his political rally in Pennsylvania. When questioned about crypto regulations in the United States and his opinion on the XRP Ledger’s potential adoption by financial institutions,