Bitcoin, the biggest cryptocurrency, has fallen 21 percent from a January 20 peak and is back to levels seen shortly after Trump’s U.S. presidential election victory in November, as hopes for a strategic bitcoin reserve fade and tariff threats weigh on demand for speculative assets.

Going case by case, regulators have halted investigations and withdrawn or paused lawsuits against top crypto companies and their executives.

LONDON/NEW YORK >> Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the gains they made after Donald Trump’s election win triggered a wave of excitement across the industry.