According to The Kobeissi Letter, Elon Musk asserted on Twitter that 'the truth will come out' regarding President Trump’s alleged presence in the Epstein files. This high-profile statement coincided with the S&P 500 dropping nearly 1% during the trading day (source: The Kobeissi Letter, June 5, 2025). Such headline-driven equity volatility often leads to increased risk-off sentiment, historically benefiting Bitcoin and other major cryptocurrencies as alternative assets. Traders should closely monitor crypto price action and volatility metrics as traditional markets react to political uncertainty.

According to The Kobeissi Letter, Elon Musk tweeted that former President Trump is referenced in the Epstein files, alleging this as the true reason for their non-disclosure. This revelation has triggered heightened volatility in crypto markets, as traders react to potential political and regulatory ramifications tied to high-profile figures (Source: The Kobeissi Letter, June 5, 2025). Market participants are closely monitoring Bitcoin and Ethereum price action, anticipating increased short-term fluctuations and possible correlation with broader risk asset sentiment.

According to Crypto Rover, the initial release of the Epstein files does not include a client list, which may impact market sentiment due to potential legal and reputational risks for involved entities.

According to Crypto Rover, the first batch of Epstein Files has been released, potentially influencing cryptocurrency market dynamics as traders may react to any financial data linked to major institutions or individuals involved. Market participants should closely monitor any emerging information that could affect market sentiment and trading volumes (source: Crypto Rover).