Shares of nuclear companies rise due to Trump’s military announcement

  • Trump orders to immediately begin testing the US nuclear arsenal.

  • Cameco, Constellation and other companies had rapid increases this week.

The bitcoin (BTC) market could face turbulence due to escalating geopolitical tensions, after United States President Donald Trump ordered the War Department to begin nuclear testing immediately.

This decision, announced in response to other nations’ testing programs, comes a day after Russia reported the success in the test of its nuclear-powered unmanned underwater vehicle, the Poseidonas well as the cruise missile Burevestnik.

The climate of global instability has led the price of the digital asset to be quoted at $108,300. The increase in global uncertainty is reflected in betting platforms such as Polymarket, where the probability of a nuclear detonation in 2025 is situated currently at 7%.

This panorama of war and nuclear risk tends to generate risk aversion in traditional and bitcoin financial markets. Historically, geopolitical conflicts and large-scale crises usually cause a flight of capital towards assets considered safe havens or towards liquidity, which can exert downward pressure on assets such as bitcoin and cryptocurrencies, as reported by CriptoNoticias.

In contrast to the pressure that nuclear risk could put on bitcoin, shares of companies related to the nuclear industry have seen a notable boom. Cameco Corporation, dedicated to the mining and sale of uranium, recorded an increase of approximately 32.5% in its share price over the last weekclimbing from 80 to more than 106 dollars.

Chart with the price of Cameco shares in the last week.Chart with the price of Cameco shares in the last week.
Cameco has had a price increase of 32%. Fountain: TradingView.

Similarly, Constellation, which specializes in nuclear and renewable energy, saw growth of around 12.7% in the same period, with its share price moving from a range of 355 to exceeding $400.

The White House’s order for nuclear tests underscores growing international instability. Although bitcoin is an anti-inflationary asset and a decentralized store of value, its price trajectory remains sensitive to macroeconomics and geopolitical events.

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