Bitcoin retreated from a record high on Monday as Donald Trump was sworn in as 47th president of the United States, his second presidential term, following a weekend during which his own newly-launched digital token rattled crypto markets.

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.