5 Facts about Elon Musk’s comments that put Bitcoin (BTC) back in the spotlight!

Updated

October 17, 2025

Gambar 5 Facts about Elon Musk’s comments that put Bitcoin (BTC) back in the spotlight!

Jakarta, Pintu News – The cryptocurrency world is once again in the spotlight after Tesla CEO Elon Musk made a short comment that galvanized the market. With just one word, “True”, Musk has captured the attention of the crypto community once again and put Bitcoin in the spotlight. Not only did this comment revive an old discussion, but it also showed that Musk’s movements are still being monitored by market participants even as crypto matures.

Here are 5 interesting facts about Elon Musk’s much-discussed comments and their impact on Bitcoin (BTC) and the cryptocurrency market.

1. Elon Musk’s “True” comment stirs the market again

The money is not the problem: AI is the new global arms race, and capex will eventually be funded by governments (US and China). If you want to know why gold/silver/bitcoin is soaring, it's the "debasement" to fund the AI arms race.

But you can't print energy https://t.co/qwdD8QbVON
— zerohedge (@zerohedge) October 14, 2025

The comment came as Musk’s response to a post by X’s @zerohedge account that attributed the surge in gold, silver and Bitcoin (BTC) prices to high government spending and fiat currency instability. According to data from X, this account has more than 2 million followers and is known for covering geopolitical and market issues.

Musk responded with one word: “True.” Despite its simplicity, the statement immediately received thousands of responses and reposts. This comment indicates that Musk is still concerned about the potential of Bitcoin (BTC), especially from a macroeconomic perspective.

2. Bitcoin (BTC) Considered to Have Energy-Bound Intrinsic Value

True.

That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.
— Elon Musk (@elonmusk) October 14, 2025

In his comments, Musk reinforced the argument that Bitcoin (BTC) is different from fiat currencies because its value comes from a mining process that uses real energy. This is in line with his previous statement that BTC is “energy money” that cannot be printed arbitrarily like dollars or euros.

According to Forbes, this is not the first time Musk has linked Bitcoin to energy. The opinion caught the attention of institutional investors who consider BTC as a hedge against inflation and an escape from fiat currencies that continue to print money.

3. Tesla Once Bought Bitcoin (BTC) Up to Rp24.8 Trillion

In early 2021, Tesla bought Bitcoin (BTC) worth $1.5 billion or around IDR 24.8 trillion (exchange rate IDR 16,585). The move was immediately bought by investors as a form of tangible support from large corporations for cryptocurrencies.

However, according to Arkham Intelligence data, Tesla later sold around 75% of its holdings in 2022 due to concerns over the environmental impact of mining. Even so, Tesla is still monitored to have about 11,509 BTC worth about $1.25 billion as of October 2025.

4. Musk’s Comments No Longer Instantly Drive Price

In the past, Musk’s comments could instantly make crypto prices explode. But today, the market is more mature and crypto asset diversification is higher. According to analysts from CoinTelegraph, personal statements from public figures like Musk now don’t always trigger instant price spikes.

Nonetheless, Musk’s comments are gaining attention as they could signal Tesla’s policy direction or personal interest in crypto. It is worth noting that there has been no official statement from Tesla regarding their policy change towards Bitcoin (BTC).

5. Positive Sentiment Could Push Other Altcoins Up

bitcoin elon musk — Source: Fox Business

Musk’s comments, while brief, still had a short-term effect on overall market sentiment. According to a report from Santiment, when Bitcoin (BTC) is in the spotlight, resilient altcoins such as Ethereum , Solana , and Ripple often follow the market’s direction.

Analysts predict that if attention on Bitcoin (BTC) continues to increase, the next phase of altseason could begin. This could be an opportunity for other top cryptos to surge, especially for projects that are trending or chosen by whales.

Conclusion

Elon Musk’s one-word comment showed yet again how influential public figures can be in the cryptocurrency world. While not directly driving the price, Musk’s statement was enough to reopen discussions about the fundamental value of Bitcoin (BTC) and the possible return of large corporate backing like Tesla in the future.

With the market constantly evolving, the crypto community remains on the lookout for small signals that could trigger big moves. Are these comments the start of a new Tesla buzz? Time will tell.

Also Read: Michael Saylor’s Strategy: $27.2 Million Bitcoin Purchase Before the Crypto Market Crash

Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.