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.

The president signed an executive order to protect digital assets and alleviate pressure on the crypto industry from the previous administration.

"The executive order, as a whole, is mostly aspirational and symbolic. But the direction it points, I think, is quite bullish," a crypto market source told BI.