Trump establishes ‘digital Fort Knox’ for bitcoin but crypto markets slump in response.

President’s order for creation of strategic cryptocurrency reserve follows decision to suspend 25 percent tariff hike on Mexican and Canadian goods by one month.

White House crypto czar David Sacks said the move would “not cost taxpayers a dime” but the announcement caused the price of $BTC to slump on Thursday night, with the value of rival coins also tumbling.