Bitcoin (BTC) Prices Rise After Trump Supports Crypto for Pension Funds
The crypto market has surged in the past 24 hours. Bitcoin (BTC) prices surged today after US President Donald Trump reportedly endorsed the inclusion of crypto assets in 401(k) retirement fund investment portfolios.
According to Coinmarketcap data, Friday (July 18, 2025) at 6:20 a.m. WIB (Western Indonesian Time), the global crypto market capitalization rose 1.94% to US$3.87 trillion in 24 hours. Bitcoin (BTC), the cryptocurrency with the largest market capitalization, saw a 0.88% increase in the past 24 hours. Currently, Bitcoin is trading at US$119,585 per coin, equivalent to Rp 1.95 billion (exchange rate: Rp 16,339).
Bitcoin reached an all-time high (ATH) of US$123,218 on July 14, 2025.
Ethereum (ETH) also gained 4.7% to US$3,512, Solana (SOL) rose 1.43% to US$175, Binance (BNB) strengthened 1.9% to US$722 per coin, Dogecoin (DOGE) surged 2.78% to US$0.22, and XRP soared 16.5% to US$3.52. According to CoinDesk, the price of Bitcoin briefly surpassed US$120,000 following reports that US President Donald Trump would sign an executive order allowing crypto assets to be included in 401(k) retirement fund investment portfolios.
According to a Financial Times report, the order could be signed as soon as this week. It would instruct regulators to remove regulatory barriers to allow US pension funds to invest in alternative assets, including crypto, gold, and private equity. If officially enacted, this policy would be a major step in institutional crypto adoption in the US.
