BlockBeats News, January 22nd, according to Techinasia report, Coinbase CEO Brian Armstrong stated during his participation in the World Economic Forum in Davos, Switzerland, that President Trump's term in office could drive an increase in cryptocurrency investment.
Brian Armstrong suggested that the support of leaders in major economies such as the United States could have a significant impact on the market. He believes that Trump could become a supporter of the crypto industry and emphasized that public support can influence industry development. Legislative changes in Congress could drive new investments in cryptocurrency, and he mentioned that part of Bitcoin's recent high was attributed to Trump's inauguration.