Golden Finance reported that according to Techinasia, Coinbase CEO Brian Armstrong said during the World Economic Forum in Davos, Switzerland that Trump’s presidency may drive an increase in cryptocurrency investment. Brian Armstrong said support from leaders of major economies such as the United States could have a significant impact on the market. He believes that Trump may become a supporter of the encryption industry and emphasizes that public support can have an impact on the development of the industry. Legislative changes in Congress could drive new investment in cryptocurrencies, citing Bitcoin's recent highs partly attributed to Trump's inauguration.