Bitcoin (BTC) climbed nearly 3.6% to around $BTC 121,988, approaching its previous all-time high. The surge comes after a groundbreaking U.S. executive order allowing cryptocurrencies in 401(k) retirement plans—a move expected to unlock access to nearly $9 trillion in retirement assets.
Ethereum (ETH) also gained, rising approximately 2.1%, buoyed by supportive macro sentiment and institutional interest.
Altcoins like Solana and XRP posted modest gains, with Solana up about 1.8% and XRP around 0.7%, reflecting broader market momentum.