President-elect Donald Trump's support for cryptocurrency has pushed several digital assets to skyrocket in price since his re-election. His position is solidified with his choice of close

XRP, the world’s third-largest cryptocurrency by market capitalization, hit a record high at $2.90 on Tuesday before pulling back — with its rally fueled by optimism around a more friendly regulatory environment under the upcoming Trump administration.

Bitcoin went on a record-breaking run after Donald Trump won the U.S. presidential election—but shares in some companies that make money out of the crypto’s surging price have performed even better. The large-cap token has surged on the expectation that Trump will slash digital-asset regulations,