Post
Topic
Board Altcoin Discussion
Re: How will crypto behave during a Biden presidency?
by
kingzpro
on 15/11/2020, 19:27:36 UTC
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 Smiley
Do you remember Trumps statements that were against crypto as he believed that crypto does not have real value so it should not be encouraged so being his political opponent i am quite sure that Joe Biden will be in favor of crypto and i am sure there are good times coming ahead for crypto.