The price of Bitcoin also hit an all-time high on Monday, rising above $109,000. Mr Trump has described himself as the “crypto president” and was heavily backed by the industry during the election.

Although Trump has been relatively quiet on crypto on day one of his presidency, the bitcoin community is watching closely.

In September, "TRUMP Watches" were launched, with Trump asking his supporters to spend at least $499 to join "President Trump ...

Memecoins are a type of cryptocurrency tied to an online joke or a celebrity mascot. “If people want to gamble, I don’t ...