Bitcoin (BTC) successfully remains above the $105,000 mark despite a recent surge in tensions stemming from the public dispute between Donald Trump and Elon Musk. This ongoing conflict appears likely to affect conventional markets as the situation unfolds.

In a phone interview with NBC News on Saturday, Trump issued a warning about “serious consequences” if Musk financially supports Democratic candidates opposing Republicans supportive of the GOP’s budget. “If he does, he’ll have to pay the consequences for that,” Trump stated, emphasizing the gravity of his message.

Despite the escalating rivalry between two major figures in both politics and technology, Bitcoin continues to show strength, maintaining its price point and trading close to weekly highs. This stability suggests that investors may now be considering BTC as a safeguard against institutional instability, viewing it as an asset more insulated from partisanship than traditional equities.

Key Takeaways:

• Bitcoin has risen 1.13% in the last 24 hours, moving from $104,624 to $105,786.
• Trump expressed his reluctance to mend his relationship with Musk, indicating that the rift is likely permanent.
• The cryptocurrency has displayed remarkable endurance even with the ongoing political turmoil, highlighted by increased trading volume that indicates robust buying interest.