Key points from Donald Trump's speech during his inauguration

Trump emphasised that the Panama Canal must not be handed over to the Chinese and that it needs to be made American. He stated that America will end wars it did not start and build the most powerful army in the world.

In addition, Trump noted that he would be the one to establish peace. He expressed his intention to change the status of the Gulf of Mexico, turning it into the "Gulf of America". The President also stated that from today, official US policy would be the recognition of only two sexes — male and female.

Donald Trump announced that the US would impose tariffs and taxes on foreign states with the aim of enriching American citizens. A new structure — the External Revenue Service (ERS) — would be created for this purpose.

Furthermore, Trump reported that a state of emergency would be declared in the US energy sector and presented an intensified oil drilling programme, which, according to him, would lead to a reduction in energy prices.

In his speech, Trump also announced the introduction of a state of emergency at the border with Mexico and reported the start of the process of deporting criminals to their home countries.

Against the backdrop of these statements, the price of Bitcoin and the $TRUMP cryptocurrency fell significantly, which surprised observers.