Bitcoin and other cryptocurrencies were rallying on Friday after an executive order from President Donald Trump gave the digital-asset sector a boost. The world’s largest token was up 1.4% to $116,605 over the past 24 hours, according to CoinDesk data. It’s now trading about 5% off the record high it hit in mid-July.

The cryptocurrency market is relatively bullish on Friday, buoyed by renewed risk-on sentiment from both institutional and retail investors. Bitcoin (BTC) surged toward the $118,000 round-figure resistance before retreating slightly to trade at around $116,525 at the time of writing.

XRP's value has soared, and Bitcoin's price continues ticking higher. However, only one of these cryptos is likely to have long-term staying power.