Bitcoin News Today: Elon Musk Overtakes Trump as Top Crypto Influencer ApeX Report Highlights Social Reach $2B Holdings Drive Lead

Elon Musk has surpassed Donald Trump as the most influential figure in the cryptocurrency space, according to a July 2025 analysis by ApeX Protocol. The report highlights Musk’s dominance with approximately $2.0 billion in crypto holdings and 221.2 million social media followers, metrics that significantly outpace Trump’s $1.34 million in crypto and 142.7 million followers. The study evaluates influence through a combination of crypto wealth, net worth, and social media reach, emphasizing that “fame and followers outweigh pure wealth” in determining influence [1].

Musk’s rise is attributed to his active engagement with crypto through Tesla’s substantial Bitcoin investment—$1.5 billion acquired in early 2021—and his vocal support for Dogecoin and other memecoins. His July 2025 announcement of the “America Party,” which pledged to “embrace Bitcoin,” underscored his alignment with crypto-friendly policies. Market reactions, such as a 5% surge in Dogecoin’s price following his party launch, further illustrate his sway over digital asset sentiment. Meanwhile, his public clashes with Trump, which included crypto-related jabs, have kept both leaders at the forefront of industry discourse [1].

Trump, ranked second, has pursued aggressive crypto policies, including the March 2025 creation of a U.S. Strategic Bitcoin Reserve and a Digital Asset Stockpile. His initiatives spurred a 10% jump in Bitcoin’s price to $94,000 and elevated altcoins like Cardano and Solana. Despite GOP resistance to his GENIUS Act and related legislation, Trump’s administration remains a driving force in crypto policy, with Musk rumored as a potential SEC chair and RFK Jr.—a vocal Bitcoin advocate—appointed to a Cabinet role. These moves reinforce Trump’s enduring influence, though his ranking trails Musk due to lower social media engagement [1].

The ApeX Protocol analysis also identifies emerging political figures in the crypto sphere. El Salvador’s Nayib Bukele, who legalized Bitcoin in 2021, ranks third with $8.44 million in crypto and 17.6 million followers. U.S. politicians like Senator Cynthia Lummis (the sole woman in the top 10) and J.D. Vance also feature prominently, reflecting a shift in influence toward lawmakers championing crypto legislation. RFK Jr.’s advocacy for Bitcoin as a “currency of freedom” and his Cabinet appointment further amplify his profile among crypto audiences [1].

Regulatory developments in 2025 have accelerated the politicization of crypto influence. The U.S. White House’s March summit and July legislative debates underscored the sector’s intersection with policy. Overseas, regulators in regions like Singapore and Brazil have introduced blockchain-focused measures, though specific references to China’s regions were omitted per the analysis. The BITCOIN Act and GENIUS Act, supported by top influencers, highlight how legislative progress will shape future rankings. As ApeX Protocol notes, “politics, culture, and communication now drive crypto influence as much as tech or finance” [1].

Source: [1] [Elon Musk Overtakes Trump as Crypto’s Most Influential Voice – How He Got There] [https://coinmarketcap.com/community/articles/6885ffa3cacf2b5767640010/]