First I would like to congratulate Bitcoin investors, and they should be happy, because the price of Bitcoin has continued to skyrocket during the 2020 United States Presidential election period. according to the Cointelegraph report, Crypto traders and analysts have started looking for information to determine Biden policy moves for the cryptocurrency sector. It looks like the crypto community agrees that a president who says nothing about cryptos is preferable to a president who has underestimated cryptocurrency. Trump defeat is supported by Qiao Wang (leader in the DeFi Alliance's decentralized financial accelerator), because Trump had said negative things about BITCOIN and LIBRA some time ago, So we will see how the cryptocurrency continues after Biden is inaugurated next year.
Bitcoin skyrocketed not because of the US presidential election. The US presidential election was held on November 3.
While Bitcoin had already seen a rise before November, even before a large PayPal company announced it would adopt bitcoin,
bitcoin had already ridden high.
Actually, whoever serves as President of the United States, bitcoin can’t be set up. If Bidden is pro against bitcoin,
perhaps Biden is just a pusher factor for his time adopting bitcoin. But bitcoins can’t be under the president’s monitoring.