Bitcoin surged to over $109,000 before Donald Trump's inauguration, as the crypto sector awaits major action from him.

The new peak above $109,000 was reached Monday, and stock futures edged higher. Since Trump was elected, bitcoin has surged more than 50%.

XRP, the token linked to Ripple Labs and the third-largest cryptocurrency, climbed nearly 40% this week to a record $3.4, eclipsing the performance of every other major digital asset this month. Its market capitalization now sits at about $190 billion, driven by optimism that the Trump administration could adopt friendlier crypto policies.