Bitcoin reaches a historic milestone above $120,000 following reports that President Trump will sign executive orders allowing cryptocurrency investments in 401(k) and IRA accounts nationwide.
In a seismic shift that has sent shockwaves through global financial markets, Bitcoin has surged past the historic $120,000 milestone for the first time, reaching an intraday high of $120,247 following reports that President Trump is preparing to sign executive orders that would allow Americans to invest in cryptocurrencies through their 401(k) and IRA retirement accounts.
The unprecedented move represents a 28% surge in just 48 hours and marks the most significant single policy-driven rally in Bitcoin's 16-year history. The cryptocurrency's market capitalization has now exceeded $2.4 trillion, surpassing the GDP of most nations and cementing Bitcoin's position as a legitimate store of value asset class.
According to sources close to the White House, President Trump is expected to sign a series of executive orders within the next 72 hours that will fundamentally reshape America's retirement savings landscape. The orders reportedly include:
"This represents the most significant endorsement of cryptocurrency by the U.S. government in history," said Dr. Elena Rodriguez, Senior Policy Analyst at the Digital Assets Research Institute. "By allowing Americans to use their retirement savings to invest in Bitcoin, the administration is essentially declaring cryptocurrency a legitimate long-term store of value."
As Bitcoin continues to trade above $120,000 and the cryptocurrency market reaches new heights, it's clear that we are witnessing a fundamental shift in how Americans and the world view digital assets. The integration of cryptocurrency into retirement accounts represents not just a policy change, but a recognition that digital assets have matured into legitimate investment vehicles worthy of long-term savings allocation.
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