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Bitcoin Tops $120K on Report of Trump Approving Crypto Investments for Retirement Accounts

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.

2025-07-17
7 min read
By David Rodriguez
Bitcoin Tops $120K on Report of Trump Approving Crypto Investments for Retirement Accounts

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.

Executive Order Details Emerge

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:

  • 401(k) Crypto Integration: Immediate authorization for all employer-sponsored 401(k) plans to offer Bitcoin and other approved cryptocurrencies as investment options
  • IRA Expansion: Traditional and Roth IRA accounts will be permitted to hold up to 25% of their assets in cryptocurrency investments
  • Federal Employee Benefits: The Thrift Savings Plan (TSP) for federal employees will add a cryptocurrency fund option within 90 days
  • Tax Incentives: Additional tax benefits for retirement accounts that include cryptocurrency allocations
  • Regulatory Framework: Clear guidelines for custodial services and security requirements for retirement crypto holdings

"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.

Tags

Bitcoin
Trump
Retirement
401k
IRA
Executive Order
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