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
Majority of the movement of the price in the market depends so much on traders and the community, our collective efforts are what guide us, I on my part have nothing to do with Biden, as no part of my decision on the past has something to do when Trump is still holding office, I hope they go friendly but there are so many issues to tackle in the US than getting their noise in Cryptocurrency.