Bitcoin dipped as traders booked profits just days after President Donald Trump identified the digital-assets industry as a crucial driver of US innovation in an executive order.The original cryptocurrency slid as much as 3.

President Donald Trump this week signed an executive order to establish U.S. dominance in the digital asset market and make the country the global center of crypto. But does that order deliver on what Trump said he'd accomplish?

The order signaled that the president intends to promote an industry that faced scrutiny during the Biden administration — and that he has a personal stake in.