Odaily Planet Daily News: Before Trumps inauguration day, cryptocurrencies soared on bullish expectations, with the market expecting the new president to enact supportive changes within a few days. When Trump entered the White House on Monday, Bitcoin jumped to an all-time high of $109,000, and investors cheered and eagerly awaited new pro-cryptocurrency policy statements. However, the frenzy did not last. Bitcoin and other cryptocurrencies have been falling since January 20. On Wednesday, the token fell another 2%, trading at around $104,172. Analysts believe that the longer it takes for US President Trump to announce cryptocurrency-specific policies, the higher the risk of painful sell-offs investors face.