Trump Set to Greenlight Crypto in Retirement Accounts as Bitcoin Surges Past $120K
U.S. President Donald Trump is reportedly preparing to sign an executive order that would expand access to alternative investments — including cryptocurrencies — within 401(k) retirement plans, according to the Financial Times.
The order, which could be issued as early as this week, is aimed at dismantling regulatory barriers that currently restrict retirement portfolios from holding assets beyond traditional equities and bonds. The new framework would authorize exposure to digital assets, gold, and private equity, reflecting a broader push to modernize retirement strategies.
The market reacted swiftly to the news. Bitcoin rose 1.7% over the past 24 hours, breaching the $120,000 mark. XRP also rallied, setting a new all-time high and breaking past its long-standing 2018 peak.
If finalized, the move would mark a major milestone for crypto adoption in the U.S., potentially unlocking trillions in retirement capital and signaling a shift in how policymakers view digital assets as part of long-term wealth preservation.
