| UPDATED: 09:20, Wed, Jan 20, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Mr Biden will be inaugurated as US President today, leaving business leaders to speculate on how his new agenda could impact the economy and business. Bitcoin traders are no different, but senior analyst at Investing.com Jesse Cohen believes Mr Biden's presidency could hurt the value of the cryptocurrency. She said earlier this month: “While many expect the Bitcoin rally to continue in 2021, I’m more concerned with what the Biden administration could mean for cryptos. "Incoming Treasury Secretary Janet Yellen in the past has warned investors over Bitcoin during her time as Fed Chair, calling it a highly speculative asset and not a stable store of value.