Analysts at research and brokerage firm Bernstein said that Bitcoin miners have a bright future after Trump's attack. Gautam Chhugani and Mahika Sapra said in the report that Bitcoin miners have increased their chances of positive political changes, the United States has become a mining center and the production site of the latest mining chips, miners are valued for their leading position in power interconnection, and have become a strong partner for AI data centers.
Analysts further said that the crypto market interpreted Trump's victory as a "more positive" signal because the Biden administration's regulation crackdown on the industry, and Trump has made pro-Bitcoin remarks in recent months, including advocating self-custody and Bitcoin mining. (The Block)