The thing is, American politics have become too extreme over the last 10 years or so. Maybe because nerves swelled over Trump entering politics. Either way, democrats have not been friendly to crypto at all (simply because Trump supports it) and we have seen the Biden administration try to do progressively worse things to crypto.
I believe all over the world extremists are dominating politics. Many people say it is because of social media, which tends to propagate extremists and more radical content... These are the content which become viral.. I agree with that. Social media is making people become too radical in politics...
Either way, I believe we will a global right wing trend, specially in western world.