#BitcoinSPACDeal $BTC
The performance of cryptocurrencies varied during trading on Monday, with Bitcoin rising to approach its all-time highs.
In a new move aimed at involving cryptocurrencies in American work sectors, U.S. President Donald Trump signed an executive order allowing the inclusion of digital assets in the list of investment options available in retirement plans provided by employers.
Following this decision, employees wishing to diversify their investment portfolios away from traditional models can turn to more risky investment tools.
In terms of trading, the price of Bitcoin rose today by 2.62% to be traded at $121,570, nearing its all-time high when it surpassed $123,000 in mid-July.
The market capitalization of the world's most famous cryptocurrency increased to $2.43 trillion, while the trading volume over the last 24 hours rose to $75.22 billion.
On a weekly basis, Bitcoin managed to add about 6.17% to its value.
Regarding the prices of other cryptocurrencies, the price of Ethereum rose by 1.16% to reach $4,293, while the price of Binance Coin increased by about 0.86%, recording $818.
The price of Cardano also rose by 0.11% to reach $0.8241.