Cryptocurrency prices jumped after Trump’s surprise announcement he wants the U.S. government to purchase and hold a variety of digital assets in a strategic reserve fund.

Price gains for bitcoin and other digital tokens moderated Monday, as investors digested President Trump's plans for a national cryptocurrency stockpile. On Sunday, the president said he would move forward with a U.

Bitcoin, the biggest cryptocurrency, has fallen 21 percent from a January 20 peak and is back to levels seen shortly after Trump’s U.S. presidential election victory in November, as hopes for a strategic bitcoin reserve fade and tariff threats weigh on demand for speculative assets.