Bitcoin rose over $ 117,500 today and recovered from a local bottom of $ 114,278 right yesterday, according to data from Bitcoin Magazine Pro. The sharp rebound comes after President Donald Trump officially signed a landmark that would allow Cryptocurrencies such as Bitcoin to be included in 401 (K) pension accounts.
The order instructs the Ministry of Labor to visit its current guidance on fiduciar responsibilities in the ERISA government plans and clarify the appropriate process of offering diversified funds that include alternative investments.
In addition, the order instructs collaboration between the Labor Department, the Treasury Department, Securities and Exchange Commission (SEC) and other federal regulators to determine if broader regulatory updates are needed to support the policy change. SEC is also specifically ordered to revise its own rules to help facilitate this access, signaling a significant step towards modernizing pension investment options for millions of Americans.
“President Trump wants to give US workers more investment opportunities to achieve stronger and more financially secure retirement results,” the actual sheet of the White House said. “Alternative assets, such as private equity, real estate and digital assets, offer competitive returns and diversification benefits.”
Galaxy Digital CEO Mike Novogratz emphasized the effect of this and said a “Monster Pool of Capital” will have exposure to Bitcoin and Crypto as a result of Trump’s executive order. “Lots of money” pours in, he added.
“President Trump promised to make the United States” crypto capital in the world, “emphasized the need to embrace digital assets to drive economic growth and technological management,” the fact sheet concluded.
Bitwise’s research manager Ryan Rasmussen showed how much value this executive order could bring in Bitcoin, saying: “If Crypto catches x% of $ 8 trillion 401K Market:
1% … 80 billion dollars
2% … 160 billion dollars
3% … 240 billion dollars
4% … 320 billion dollars
5% … 400 billion dollars
6% … 480 billion dollars
7% … 560 billion dollars
8% … 640 billion dollars
9% … 720 billion dollars
10% … 800 billion dollars ”.
This political shift is ready to become one of the most significant catalysts for Bitcoin resolution, adding fuel to an already strong wave of institutional interest that has been built for years. According to Asset Manager Bitwise, while Bitcoin Miners extracted 217,771 BTC in 2023, institutions bought a staggering 913,006 BTC. The trend has accelerated in 2025, with miners producing 97,082 BTC so far this year, while institutions have collected 545,579 BTC.
Institutional adoption continues to break items. By 2023, only 43 publicly traded companies traded Bitcoin on their balance. This number increased to 64 in 2024 and has now surpassed 160 in 2025 according to blockware.
Two companies that lead the new Corporate Bitcoin Treasury Race are David Bailey’s Nakamoto and Jack Malers’ Twenty One Capital. Nakamoto’s scheduled merger with friendly – set for approval by Monday, August 11 – would allow hundreds of millions in Bitcoin after collecting $ 763 million to buy BTC for its reserves. Twenty One Capital, meanwhile, already has 43,514 BTC, making it the third largest company’s bitcoin holder around the world.
Disclosure: Nakamoto is partnership with Bitcoin Magazine’s parent company BTC Inc to build the first global network of Bitcoin Treasury companies where BTC Inc provides certain marketing services to Nakamoto. More information about this can be found here.