This depends a lot on Biden's ideology but I think he is not too opposed to cryptocurrencies. in the near future he will even nominate Gary Gensler (one of the people who studied Cryptocurrency in the early years) to lead the Financial Policy Transition Team. This is the good news that I read on 11/11.
https://www.crypto-news-flash.com/curse-or-blessing-for-bitcoin-and-ripple-biden-confirms-gary-gensler/
In addition, there has been no government action when major tech funds such as Square or MicroStrategy participated in buying Bitcoin in bulk. This means that they are easing the investment limit for businesses. I think the government has been too friendly with Crypto these days.