President Donald Trump, who has received endorsements from several key figures in the crypto space during his campaign and made several promises to the industry, already is fallen short of high expect

Bitcoin, other cryptocurrencies and even the newly minted token bearing Donald Trump's name cooled on Tuesday, after the U.S. president's first set of policies following his inauguration made no reference to the asset class.

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.