$BTC #CriptoAlertas Bitcoin Price Surges to $116,000 as Trump Prepares to Sign Executive Order to Include Crypto in 401(k) Plans
Bitcoin's price has seen a significant jump in the United States, reaching $116,850 — a nearly 2% increase. This surge follows news that President Donald Trump is set to sign an executive order allowing Bitcoin and other cryptocurrencies to be included in 401(k) retirement accounts.
This move could dramatically expand institutional investment in Bitcoin, as 401(k) accounts currently hold around $12.5 trillion in assets.
The executive order will direct the Department of Labor to re-evaluate existing guidance on alternative investments under the 1974 Employee Retirement Income Security Act (ERISA).
If implemented, this decision will give the American public greater access to cryptocurrencies through their retirement funds, marking a major milestone for broader Bitcoin adoption.
The move is expected to open new investment pathways for institutional players and further enhance Bitcoin’s role in the financial world.
Recently, corporate interest in Bitcoin has also grown. MetaPlant purchased 463 Bitcoins, and SmarterWeb issued $21 million in Bitcoin-denominated bonds. Over 200 public companies currently hold Bitcoin, signaling growing institutional trust.
The Department of Labor will also be instructed to clarify fiduciary responsibilities for retirement plan providers, aiming to eliminate barriers to offering alternative assets like crypto.
Experts believe this will pave the way for more advanced and diversified financial products for retirement investing.
Following the announcement, crypto markets witnessed a flurry of activity, with over $30 billion in Bitcoin traded within 24 hours — indicating investor interest in the long-term implications of this move.
This step could benefit not just Bitcoin but also other alternative assets like private equity and real estate.