#BTCBreaksATH Bitcoin has fallen sharply from record highs reached on Monday as traders awaited more signals from President Donald Trump on crypto policy after he signed a flurry of executive orders on his first day in office.

Cryptocurrency markets rallied on Monday ahead of Trump’s inauguration, especially amid reports that the president will issue pro-cryptocurrency executive orders after taking office. Bitcoin has fallen from record highs above $109,000 on the move as uncertainty over Trump’s trade tariff plans also weighed on risk appetite. By 10:10 AM ET The world's largest cryptocurrency traded around $102,240, holding above $100,000 so far.

Cryptocurrency markets were also hit by Trump's launch of two memecoins, $TRUMP and $MELANIA, which added to the volatility in the sector despite being well received by traders.$BTC