Bitcoin Magazine Bitcoin Surges to $117K as Trump Signs 401(k) Crypto Order Plans

Bitcoin surged above $117,500 today, recovering from a local bottom of $114,278 just yesterday, according to data from Bitcoin Magazine Pro. The sharp rebound comes after President Donald Trump officially signed a landmark executive order that would allow cryptocurrencies such as Bitcoin to be included in 401(k) retirement accounts.

The order directs the Department of Labor to revisit its current guidance on fiduciary responsibilities in ERISA-governed plans and clarify the appropriate process for offering diversified funds that include alternative investments.

Additionally, the order instructs collaboration between the Department of Labor, the Treasury Department, the Securities and Exchange Commission (S

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