Donald Trump’s crypto rally continues: Bullish signal!

US President Donald Trump made his case during a meeting with Bitcoin miners at Mar-a-Lago on Tuesday night. Trump’s positive statements about crypto did not go unnoticed.

Recently, for the upcoming US elections, pro-crypto Trump told attendees at the White House BitcoinHe reportedly said he would defend mining and that miners contribute to power grid stability.

Among the attendees of the meeting at Trump’s Palm Beach resort was Nasdaq-listed Bitcoin mining company CleanSpark Inc. and Riot Platforms, many of whom shared photos with the former leader. “I just ran into a guy who is a huge Bitcoin fan and loves what we do at CleanSpark Inc. in Georgia, Mississippi, and Wyoming,” CleanSpark co-founder S. Matthew Schultz wrote in the X post.

Former US president comes to the fore with his interest in cryptocurrencies

Donald Trump’s embrace of crypto has gained the support of many presidents in the department, as seen at the Silicon Valley event reportedly attended by Gemini founders Cameron and Tyler Winklevoss and others. Last month, Trump announced that he would accept political donations with cryptocurrency.

“While Trump has reduced regulations and championed innovation in financial technology, Democrats like Biden and his official surrogate, Elizabeth Warren, continue to believe that government alone has the answer to how our nation leads the world,” the Republican candidate said in his statement. said.

Meanwhile, various sources said late last month that Joe Biden’s re-election campaign reached out to members of the crypto industry for guidance on digital asset policies. This basis marks a significant shift in the Biden administration’s not-so-positive attitude towards cryptocurrencies.