#CryptoMarketDip

Musk and crypto leaders rally behind Poilievre as Trudeau announces exit.

Many in the crypto industry are backing pro-Bitcoin candidate Pierre Poilievre, who has an 89% chance of winning Canada's upcoming election.

Canadian Prime Minister Justin Trudeau announced his resignation on January 7, following the abrupt departure of his Finance Minister Chrystia Freeland.

Conservative Party leader Pierre Poilievre now looks like the frontrunner to become Canada's next prime minister, with federal elections set for October 20.

The crypto community has expressed overwhelming support for Poilievre, who has positioned himself in favor of innovation and Bitcoin.

Elon Musk, CEO of Tesla and SpaceX, shared a video of Poilievre discussing inflation and government spending, captioning it: "Perfectly articulated."