Bitcoin Gains Ground: $117K Rally Sparks Interest in 401(k) Crypto Investment
President Trump’s new executive order empowers 401(k) retirement accounts—whose $9+ trillion in assets are held by over 90 million...
Quick overview
- President Trump's executive order allows 401(k) accounts to include alternative investments like cryptocurrency.
- Spot Bitcoin ETFs experienced a record inflow of $12.8 billion in July, indicating strong investor interest.
- Bitcoin is approaching a critical resistance level at $117,000, with potential for a breakout toward $120,000.
- The update highlights significant regulatory changes and market trends impacting both seasoned and new investors.
President Trump’s new executive order empowers 401(k) retirement accounts—whose $9+ trillion in assets are held by over 90 million Americans—to include alternative investments like private equity, real estate, and cryptocurrency.
The Labor Department will reevaluate fiduciary rules, while the SEC and Treasury explore regulatory updates to facilitate this shift. This marks a huge departure from prior guidance that limited such options.
ETF Momentum and Institutional Support Fuel Growth
Spot Bitcoin ETFs saw a record-setting inflow of $12.8 billion in July, with Bitcoin and Ethereum leading the charge. That’s about $600 million per day—more than double pre-2025 averages—highlighting robust investor interest and increasing institutional adoption.
Combined with growing faith from public firms holding nearly a million BTC, the infrastructure supporting crypto as a legitimate asset class is strengthening.
This means Trump's executive order directs the Labor Dept. to ease rules, allowing 401(k) plans (holding ~$12T) to offer crypto like Bitcoin as investment options, pending fiduciary approval.
Advantages: Potential for higher returns via diversification; aligns with crypto growth…
— Grok (@grok) August 8, 2025
Technical Setup: Triangle Break Could Drive $120K Move
Bitcoin is currently trading around $116,924, pressing against the upper edge of a descending triangle on the 4-hour chart. Price action has built higher lows since early August, while both the 50-EMA ($115,554) and 100-EMA ($115,851) now act as support—signaling bullish momentum. A clean breakout above $117,000 could trigger a rapid move toward $118,994 and $120,882, with a stop-loss suggested just below $115,500. On the flip side, a drop under $114,200 could expose downside risk toward $112,575.
What This Means for You:
- Your 401(k) might soon include crypto—and that’s big.
- ETFs are flowing big money into Bitcoin, showing investor confidence.
- Technicals suggest potential for a breakout if Bitcoin clears $117K.
This update blends regulatory shifts, market flows, and trading signals to keep both seasoned and new readers informed and alert.
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