Trump: Bitcoin Mining is the "Last Line of Defense" Against CBDC
Former U.S. President Trump posted on Truth Social, stating that Bitcoin mining is the "last line of defense" against Central Bank Digital Currency (CBDC), and emphasized that Bitcoin should be mined in the United States. After this statement was made, Bitcoin mining stocks generally rose on Wednesday. TeraWulf's stock once surged nearly 20% to $4.13, then fell back to $3.96, about 14% higher than the previous day's closing price. MicroStrategy and Hive Digital Technologies' stocks respectively increased by approximately 7% and 8%, while Iris Energy rose by about 3%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ETH/BTC ratio breaks through 0.035, up 3.79% in 24 hours
SpaceX transfers 1,021 bitcoin to a new wallet, worth approximately $94.48 million
Nasdaq 100 index futures fall 0.3%
Bank of America approved to provide cryptocurrency trading intermediary services for clients
Trending news
MoreCrypto prices
More
