Since the inception of Joe Biden, he never wish bitcoin to exist in America because when he was campaigning against Trump, he stated clearly that Americans will not use it's resources to promote crypto assets as that will add threats to America economy.
That's the problem with electing old senile men who are bereft of ideas of technology to the presidency. What do they know about Bitcoin? Next to nothing. Most of them don't even want to bend down and learn this thing or take advice from experts on financial matters. It's a similar situation I foresee in Nigeria if old Bola Tinubu is eventually allowed to rule the country. His administration is going to be anti-Bitcoin.