Joe Biden's Crypto Conundrum: How A Different Presidency Might Have Shaped The Future Of Digital Currencies

Thursday 3rd of April 2025 17:30:53

Bitcoin, Ethereum, and XRP have all taken a hit since the start of 2025, with the combined market capitalization of the three cryptocurrencies plummeting by over $1 trillion.

According to data from Benzinga, the total market capitalization of Bitcoin, Ethereum, and XRP has fallen by 43% since the start of the year, with the three cryptocurrencies currently trading at levels not seen since 2023.

The decline has been attributed to a combination of factors, including increased regulatory scrutiny, concerns over the environmental impact of cryptocurrency mining, and a general market correction.

But what if President Harris had been in office when the cryptocurrency market began to decline? Would she have been better equipped to handle the crisis?

In an exclusive interview with Benzinga, a former advisor to President Harris said that she would have taken a more measured approach to addressing the crisis.

"President Harris would have taken a more nuanced approach to the crisis, recognizing that the cryptocurrency market is a global phenomenon that requires a coordinated international response," the advisor said. "She would have brought together experts from around the world to develop a comprehensive strategy to address the crisis and ensure the stability of the global financial system."

The advisor also pointed out that President Harris has a strong track record of promoting innovation and entrepreneurship, and would have likely encouraged the development of new technologies and innovations to help stabilize the market.

While it's impossible to know for certain how President Harris would have handled the crisis, it's clear that she would have approached the issue with a level head and a commitment to finding a solution that benefits all stakeholders.