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Bitcoin jumps as Trump is set to sign an order that allows cryptocurrencies in 401(k)s

From cnbc.com

The crypto market jumped Thursday on excitement that bitcoin and other digital assets could soon be coming to 401(k) retirement plans. President Donald Trump is set to sign an executive order that would allow 401(k) accounts to invest in alternative assets, including private equity, real estate and digital assets, CNBC has confirmed. The price of bitcoin climbed around 1% to reclaim the $116,000 level for the first time since July 31. Ether rose more than 4%, also returning to a one-week high. Crypto-linked stocks got a boost of energy as well in premarket trading. Coinbase gained 2%, Circle advanced more than 3%, ... (full story)

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  • Category: Fundamental Analysis