CHART: Which US president was best for bitcoin?
United States President Donald Trump has marketed himself as the president who truly embraced bitcoin (BTC), but has his willingness to cooperate with the industry resulted in price appreciation compared to previous administrations? Protos used data from CoinGecko and CoinMarketCap to plot BTC’s relative performance up to this point during Barack Obama’s second term, Trump’s first term, Joe Biden’s term, and Trump’s second term. Trump’s two terms represent the best and worst relative BTC performances. Read more: ANALYSIS: Eric and Donald Trump Jr. are cashing in on crypto The best performance at this point was in Trump’s first term, which saw BTC appreciate from less than $900 to nearly $8,500, an increase of approximately 850%
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