After Biden has been declared the winner of the US presidency, there's a lot of uncertainty regarding to crypto's (and the mainstream economy) behavior during the next 4 years. At times, it's been shown that crypto prices move either up or down depending on certain events in the mainstream world. Some people say that in a Democratic administration, the stock market (and crypto too) will experience a constant uptrend in price. Others say the contrary when Republicans are in power. Since 2020 has been filled with uncertainty, anything could happen in the following months.
This makes me wonder how will a Biden presidency impact crypto? Will crypto continue to soar towards new heights? Do you think that a Democratic administration will be much more friendly towards the crypto/Blockchain industry in general?
Your input will be greatly appreciated. Thanks
This makes me wonder how will a Biden presidency impact crypto? Will crypto continue to soar towards new heights? Do you think that a Democratic administration will be much more friendly towards the crypto/Blockchain industry in general?
Your input will be greatly appreciated. Thanks
When the presidency of US had changed,it will create a impact on world economy.So it may had his changes on cryptocurrency also.Till now,the crypto currency had a good movement in US.By checking the market price of bitcoin,it had a positive pump till now.It may change after a month.When the president had implemented a schemes it may impact of Cryptocurrency.