Trump open 401(k) to crypto, gold and private equity
President Trump dey prepare executive order wey go open di $9 trillion 401(k) retirement market to crypto, gold and private equity. Di order dey tell federal agencies make dem remove regulatory wahala wey dey stop 401(k) crypto allocations. Big asset managers like BlackRock, Apollo and Blackstone dey partner with plan providers like Vanguard and Empower to offer 401(k) crypto exposure. Dis move come after recent law wins—the CLARITY Act for token regulations, di GENIUS Act for stablecoins and di Anti-CBDC Act wey block Fed digital dollar. News about di order send Bitcoin (BTC) pass $120,000. If dem broaden 401(k) crypto access, e fit trigger one of di biggest institutional capital inflows, change retirement portfolios and boost long-term demand for digital assets.
Bullish
Opening 401(k) plans to crypto na major regulatory shift wey fit unlock trillions for institutional capital. Short-term, di announcement trigger quick Bitcoin rally as asset managers position for new inflows. Long-term, allowing 401(k) crypto allocations go push steady demand from retirement portfolios, diversify institutional holdings and support secular uptrend for Bitcoin and other digital assets. Even though market volatility and execution timelines still factors, di overall impact for Bitcoin price outlook clearly bullish.