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Top Bitcoin Stocks to Watch Under “Crypto Emperor Trump”

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Written by Timothy Sykes Reviewed by jack Fact-checked by Ellis Hobbs
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Today is historic: Donald Trump has been sworn in as the 47th President of the United States, a day that also happens to mark Bitcoin’s record-breaking surge past $109,000. As traditional markets pause for Martin Luther King Jr. Day and the inauguration, the crypto market is ablaze with momentum.

Trump’s plans to position the U.S. as the “crypto capital” are energizing the cryptocurrency industry, creating new investment opportunities across digital assets, blockchain companies, and Bitcoin-related stocks. His incoming administration has pledged to establish a federal Bitcoin reserve, promote widespread adoption of cryptocurrencies, and streamline regulations to attract major asset managers and institutional-level investments.

Check out the replay of my live session with $15 million trader Jack Kellogg—he’ll tell you what he’s looking for in Trump’s first year…

Get Jack’s NO-COST inauguration idea here! 

Trump’s Crypto Vision: A Shift in Policy

On the campaign trail, Trump promised to be a “crypto president”, promoting policies aimed at normalizing and legitimizing digital currencies. His strategic Bitcoin reserve proposal, which is modeled on the gold reserves managed by the Treasury Department, has Bitcoin enthusiasts dreaming of the kind of investment opportunity that goes way beyond Bitcoin ETFs.

The launch of the Trump memecoin, officially titled “Crypto Emperor Trump,” and Melania Trump’s “Official Melania Meme” coin, gives another big signal for a Bitcoin-friendly administration. These digital tokens, developed by CIC Digital LLC and Fight Fight Fight LLC, have quickly reached billions of dollars in market cap on strong demand from crypto enthusiasts.

Overall, the crypto market seems optimistic about Trump’s crypto-friendly administration, expecting increased government buy-in and reduced regulatory hurdles.

Key Market Highlights:

  • Bitcoin (BTC): Bitcoin has hit new highs, fueled by speculation that Trump will quickly enact policies favoring the crypto industry.
  • $TRUMP and $MELANIA Tokens: These new tokens, launched by Donald and Melania Trump, have gained billions in market cap since their debut, igniting a rally in the memecoin space.
  • Major Crypto Stocks: Companies like MicroStrategy (NASDAQ: MSTR), Coinbase (NASDAQ: COIN), and Robinhood (NASDAQ: HOOD) are seeing increased attention, with pre-inauguration rallies reflecting the sector’s momentum.

Top Bitcoin Stocks to Watch This Week

My top bitcoin stock picks are:

  • NASDAQ: BTCT — BTC Digital Ltd. — A Volatile Play on Bitcoin’s Momentum
  • NASDAQ: CLSK — CleanSpark Inc. — Green Energy Meets Bitcoin Mining
  • NASDAQ: CAN — Canaan Inc. — Hardware at the Heart of Bitcoin Mining
  • NASDAQ: MARA — Marathon Digital Holdings — A Giant in Bitcoin Mining
  • NASDAQ: RIOT — Riot Platforms Inc. — Operational Efficiency in Mining
  • NASDAQ: BTCS — BTCS Inc. — Blockchain Pioneer with Momentum

The market is hotter than ever—and that includes the Bitcoin investing workarounds that the stocks on this list represent.

After Trump’s election victory, Jack Kellogg earned over $2 million in trading profits…

In just 10 weeks!

And now, starting shortly after Trump’s official swearing in, Jack believes things are about to get even crazier.

Click HERE to see Jack’s plan for the Trump era.

Here’s are the bitcoin stocks he’s watching:

BTC Digital Ltd. (NASDAQ: BTCT) — A Volatile Play on Bitcoin’s Momentum

BTC Digital’s small market cap and sharp price swings make it a favorite for traders. The company is a pure play on Bitcoin’s volatility, reacting swiftly to price changes in the cryptocurrency market.

Bitcoin’s surge above $109,000 has reignited enthusiasm for crypto stocks, and BTCT stands out for its sensitivity to Bitcoin’s moves and its cheap entry point.

Check out the big move that BTCT made on January 17!

Its low float is another bonus—I target short-term moves in penny stocks with floats under 10 million, because their small supply can cause their price to spike.

Watch for support near recent levels and potential breakouts if Bitcoin sustains its rally.

More Breaking News

CleanSpark Inc. (NASDAQ: CLSK) — Green Energy Meets Bitcoin Mining

CleanSpark combines Bitcoin mining with a focus on renewable energy, making it a standout in the eco-conscious crypto space. As environmental concerns mount in this niche asset class, CleanSpark’s commitment to sustainability positions it as a leader.

That’s not all—CleanSpark now owns 10,000 Bitcoins.

The company is expanding its mining operations, leveraging clean energy sources like wind and solar to power its infrastructure. Traders should monitor Bitcoin’s price as a guide for CleanSpark’s next move. Look for support near key levels and be prepared for breakout setups if Bitcoin’s bullish momentum continues.

Canaan Inc. (NASDAQ: CAN) — Hardware at the Heart of Bitcoin Mining

Canaan plays a vital role in the Bitcoin ecosystem as a leading developer of ASIC chips used in mining operations. These chips are used by miners to maximize efficiency and profitability.

The stock is closely tied to Bitcoin’s performance, and demand for mining hardware typically rises during bullish crypto cycles. With Bitcoin at record highs, Canaan’s sales are likely to benefit.

Here’s the latest news on this volatile asset.

Traders should focus on price levels aligned with Bitcoin’s momentum and use its price action as a leading indicator for entries and exits.

Marathon Digital Holdings (NASDAQ: MARA) — A Giant in Bitcoin Mining

Marathon Digital has established itself as one of the largest Bitcoin miners in the U.S., making it a prominent player in the crypto market. The company’s extensive mining operations offer significant exposure to Bitcoin’s price action.

Here’s the kind of move that big market-cap bitcoin stocks like MARA can still make!

Marathon’s stock often mirrors Bitcoin’s performance, making it a go-to for traders during periods of high volatility. As the incoming administration positions the U.S. as a crypto-friendly nation, MARA could see increased attention. Monitor Bitcoin’s movements to identify trading setups and focus on breakout opportunities during periods of heightened momentum.

Riot Platforms Inc. (NASDAQ: RIOT) — Operational Efficiency in Mining

Riot Platforms is a leader in the Bitcoin mining sector, known for its extensive infrastructure and focus on efficiency. The company’s ability to scale operations quickly makes it a standout during Bitcoin’s bullish phases.

With Bitcoin at all-time highs, Riot is well-positioned to benefit from increased demand for mined coins. The stock’s high correlation with Bitcoin makes it a prime candidate for traders looking to capitalize on crypto market volatility. Look for support around recent levels and track resistance zones for potential breakout setups.

BTCS Inc. (NASDAQ: BTCS) — Blockchain Pioneer with Momentum

BTCS has emerged as a key player in the blockchain space, benefiting from the broader adoption of digital assets. The stock surged 233%* after Trump’s victory, reflecting renewed optimism about blockchain’s role in a crypto-friendly administration.

Recent financial results show BTCS transitioning toward profitability, boosting investor confidence. Its position as an early mover in blockchain adoption adds to its appeal. Traders should use Bitcoin’s price as a leading indicator to time entries and exits, keeping a close eye on sentiment shifts in the crypto market.

* Past performance does not indicate future results.

Key Takeaways

  • Watch for continued Bitcoin price momentum as Trump’s crypto-friendly stance develops.
  • Stocks like BTCT, CLSK, CAN, MARA, RIOT, and BTCS are positioned to capitalize on Bitcoin’s record highs.
  • The launch of Crypto Emperor Trump ($TRUMP) and Official Melania Meme ($MELANIA) coins points to a growing intersection of crypto, politics, and market sentiment.

While digital coins look like they will be as volatile as ever under the incoming president, the crypto token buzz is creating opportunities for traders who stay informed and disciplined. Keep an eye on these stocks as the Trump White House ushers in a new era for Bitcoin and crypto investments and hype!

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”