According to the news going round, Bitcoin (BTC) mining stocks soared double digits on Wednesday a day after United States presidential candidate Donald Trump promised to bolster mining operations in the country. I guess he needs their help in securing another term in the oval office. Trump also reportedly told the industry executives that he promised to support the sector should he be elected as president in November.
Trump said he wants “all the remaining Bitcoin to be MADE IN THE USA!!!” adding it would help the country be “ENERGY DOMINANT” in a June 12 post, which came shortly after a meeting he hosted with some of the industry’s top executives. Of course, having someone as big as Trump is a big plus for the Bitcoin community in the U.S.
Bitcoin mining stock traders seemingly liked Trump’s industry promises. And you can verify that in the rise of the crypto.