The newly launched $trump and U.S. first lady Melania Trump's $melania memecoins have each plummeted as traders cash

The support from Donald Trump community expects Bitcoin prices to surge due to the pro-crypto initiatives expected to be formed.

The price of bitcoin has surged to over $109,000 just hours ahead of President-elect Donald Trump's inauguration, as a pumped up cryptocurrency industry expects early action by him soon after he takes office.

The new peak above $109,000 was reached Monday, and stock futures edged higher. Since Trump was elected, bitcoin has surged more than 50%.

Fulfilling a campaign promise to libertarians and the bitcoin community, the Silk Road founder's life sentence without parole is now over.

Circle chief executive Jeremy Allaire thinks President Donald Trump will enable banks to trade crypto assets. In a new interview with Reuters, Allaire predicts Trump will sign a flurry of executive orders (EOs) enabling banks to hold digital assets in portfolios, trade them and offer crypto services to wealthy customers.

Donald Trump’s net worth doubles as crypto market soars - Incoming president tells fans to ‘have fun’ with new digital currencies

"Official Trump," a token representing the new U.S. leader, plunged as much as 26% in 24 hours. A meme token released Sunday by first lady Melania Trump also crashed. Trump's inauguration Monday lacked any concrete policy announcements regarding crypto.

Donald Trump has been sworn in as the 47th president of the US, and the crypto community is buoyed. A look at what’s in store for the crypto industry in Trump’s second term.

Bitcoin and major cryptocurrencies declined on January 23, as profit booking at higher levels and the absence of Bitcoin-related statements from Trump led to a 3.4% drop in global market cap, now at $3.