According to Fox News (@FoxNews), the White House reaffirmed support for the Trump-endorsed 'big, beautiful bill' despite outgoing DOGE chief Elon Musk's criticism, labeling it as 'massive, outrageous, pork-filled Congressional spending.' The bill, which passed the House last month and is now heading to the Senate, has raised concerns among traders regarding potential fiscal expansion and its possible inflationary impact on the crypto market, especially Dogecoin. As policy uncertainty increases, traders should closely monitor Senate developments for short-term volatility in DOGE and broader crypto assets (Source: Fox News, June 3, 2025).

According to Fox News on Twitter, the @realDonaldRump administration has officially bid farewell to @elonmusk, who had been leading @DOGE for several months while implementing significant reductions in government spending. This leadership transition may impact Dogecoin trading volumes and market sentiment, as Musk's direct involvement has historically been linked to notable price fluctuations and increased investor attention (source: Fox News Twitter, May 31, 2025). Crypto traders should monitor DOGE closely for volatility and potential shifts in market direction following this high-profile exit.

According to @CantorFitz, Tesla (TSLA) was reiterated at 'Overweight' with a $425 price target by analyst Andres Sheppard, citing strong optimism from the upcoming June Robotaxi launch and Elon Musk's decision to step away from direct involvement with Dogecoin (DOGE). These developments are seen to potentially drive increased institutional interest in TSLA shares and signal a strategic focus on autonomous vehicle technology, which could have significant ripple effects on both the traditional auto sector and crypto markets, particularly in AI and blockchain integrations (Source: Cantor Fitzgerald, Twitter).