President Trump is expected to sign an executive order that could authorize cryptocurrency, private equity, and real estate investments in U.S. 401(k) retirement plans. This move has reportedly caused Bitcoin's price to surge by nearly $800, reflecting a renewed enthusiasm in the cryptocurrency market. The order aims to instruct the Department of Labor to reduce fiduciary restrictions that currently hinder plan administrators from offering such investment options. This decision comes after prior concerns raised by the Department of Labor regarding the lack of oversight for crypto investments in retirement accounts. Despite remaining below the psychological threshold of $120,000, the upward movement in Bitcoin's price suggests a positive reception from traders, indicating increased speculative momentum in the derivatives market. Prior to this announcement, reservations existed around including cryptocurrencies in retirement plans, primarily due to oversight challenges identified by regulators.

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