According to Techinasia, Coinbase CEO Brian Armstrong said during his participation in the World Economic Forum in Davos, Switzerland, that Trump's presidency could drive an increase in cryptocurrency investment. Brian Armstrong said that support from leaders of 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 emphasizes that public support can have an impact on the development of the industry. Legislative changes in Congress could drive new investments in cryptocurrencies, and mentioned that bitcoin's recent highs are partly due to Trump's inauguration.