Trump Supports Pension Allocation to Bitcoin: Short-Term and Long-Term Impacts
Long-Term Perspective:
Trump's statement on allowing pension funds to invest in Bitcoin has injected a shot of adrenaline into the cryptocurrency market. If the policy is ultimately implemented, it will significantly increase institutional participation and drive the market towards a more mature and stable direction. The entry of long-term capital like pensions not only enhances market depth but may also further optimize the regulatory framework, bringing structural benefits to the industry.
Short-Term Reality:
However, the policy still needs to overcome numerous obstacles from statement to implementation—including legislative processes, compliance reviews, and custody solutions. Unlike immediate monetary policies such as interest rate cuts, the entry of pension funds into the market is a gradual process, with short-term impacts more reflected in sentiment rather than substantial support from capital. While a market rebound is certainly encouraging, investors should view it rationally and avoid overinterpreting short-term fluctuations. (More importantly, it reflects severe economic downturns, with a financial crisis looming.) #比特币流动性危机 #特朗普允许401(k)投资加密货币 #美SEC批准流动性质押