How Some Top Cryptocurrencies Performed During Joe Biden’s Time in Office
Joe Biden won the 2020 Presidential Election after defeating incumbent Donald Trump.
The current president has outlined many priorities and signed many executive orders since taking office, including a recent cryptocurrency regulation executive order entitled “to establish the first-ever comprehensive federal digital assets strategy for the United States.”
The executive order was put in place to establish cryptocurrency regulation.
“An American approach to digital assets is one that encourages innovation but mitigates the risks to customers, investors, and businesses, broader financial stability, and the environment,” the White House said after the order was signed.
Here is a look at how $100 investments in Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) have performed during the time Biden has been the president.
Starting Prices (Jan. 20, 2021)
Bitcoin: $36,378.33
Ethereum: $1,405.74
Dogecoin: $0.0092
Current Price (Mar. 12, 2022)
Bitcoin: $39,134.07
Ethereum: $2,589.87
Dogecoin: $0.1155
Here’s how much the $100 investments would be worth today:
Bitcoin: $105.66
Ethereum: $184.24
Dogecoin: $1,255.44
The total $300 investment on Jan. 20, 2021 would be worth $1,545.34 today, representing a return of 415% in a little over a year.
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