KEY TAKEAWAYS Prices of bitcoin and a slew of cryptocurrency stocks are jumping Monday, after U.S. President Donald Trump announced that the token, as well as four others, could be included in a strategic crypto reserve for the United States.

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.

Analysts say the crypto market needs a reason to move higher, such as indications that the Federal Reserve plans to cut interest rates or a clear pro-crypto regulatory framework from the Trump administration.