๐จ BREAKING: Trump to Greenlight Crypto in 401(k)s? ๐๏ธ๐ฅ
According to Bloomberg, former President Donald Trump is expected to sign an executive order that could open the door for crypto, private equity, and real estate in 401(k) retirement plans.
๐ Sources say the move would push the Department of Labor to relax fiduciary rules that currently block these assets โ a potential game-changer for long-term crypto exposure.
And the markets didnโt stay quiet...
๐ Bitcoin (BTC) ripped from $14,900 to $15,670 in just one hour post-news, signaling a bullish wave of optimism around mainstream adoption.
Although BTC hasn't reclaimed the $16,000+ zone it briefly tapped last month, this surge reignited risk appetite across derivatives โ with open interest and trading volume spiking hard.
๐ Still, some skepticism lingers. The DoL had flagged a lack of oversight tools for crypto in retirement accounts late last year. Will this directive shift the tide?
Stay tuned. The retirement game might be about to change forever.
