Bitcoin News Today: Bitcoin surges 3% as U.S. 401(k) crypto access gains regulatory momentum

Bitcoin is trading near record highs following a regulatory development that may allow cryptocurrencies to be included in U.S. 401(k) retirement accounts, signaling a potential turning point in the mainstream adoption of digital assets [1]. The change, prompted by an executive order signed by President Trump, directs regulators to expand access to alternative investments such as crypto within retirement accounts. This shift has sparked optimism in the market, with many viewing it as a sign that long-term demand for Bitcoin could grow significantly as more Americans gain access to crypto investment options through their retirement accounts [6].

While the order does not immediately enable crypto investments in 401(k)s, it sets the stage for future regulatory updates and employer adoption. U.S. 401(k) plans currently manage an estimated $8.9 trillion in assets, and if crypto is eventually incorporated into these accounts, it could serve as a major source of inflows for the market [1]. Some asset managers already offer limited crypto exposure through specialized funds, but full-scale inclusion will require further regulatory clarity and infrastructure development.

The market has responded positively to the news, with Bitcoin surging over 3% in a single trading day to reach as high as $122,000—just below its previous all-time high of $123,091 [1]. The rally has also benefited related assets and companies, including MicroStrategy and Coinbase, which have seen gains on expectations of increased retail and institutional participation [1].

The move has occurred against a favorable macroeconomic backdrop. A weaker U.S. dollar, expectations of Federal Reserve rate cuts, and improved global liquidity have all contributed to a more accommodating environment for risk assets like Bitcoin [1]. Technically, the price has reclaimed $120,000 as short-term support, with rising trading volumes reinforcing bullish conviction. Analysts note that while RSI levels are elevated, they have not yet reached overbought territory, suggesting the rally could continue [1]. A clear break above $123,091 could set the stage for the next price targets between $130,000 and $135,000 [1].

Some analysts have also forecasted more aggressive price targets for Bitcoin, suggesting it could break $140,000 and even reach $150,000 by the end of the year, driven by both speculative and institutional demand [2]. However, others remain cautious, questioning whether the anticipated rally is as inevitable as it is being portrayed [7].

The broader crypto market has also benefited from the renewed regulatory optimism. Ethereum, for instance, has seen price surges reaching all-time highs in markets like Japan and South Korea, fueled by increased institutional adoption [5]. Although Bitcoin remains the dominant focus, the wider ecosystem is seeing a renewed wave of confidence and capital inflow.

The inclusion of digital assets in retirement accounts represents a major shift in regulatory and institutional attitudes toward crypto, potentially paving the way for more inclusive and structured investment vehicles in the future. As implementation details emerge, market participants will be watching closely to determine the pace and extent of adoption. For now, the market is pricing in a long-term narrative of increased participation and legitimacy for Bitcoin and other cryptocurrencies [6].