A landmark executive order now opens retirement accounts to crypto. Bitcoin broke $124,000 likely due to surging institutional inflows, rate-cut expectations, and regulatory clarity. Bitcoin surged past $124,000 this August, reaching a fresh all-time high of $124,480 on August 14, 2025. That spike followed a powerful policy shift on August 7, when the U.S. government issued an executive order allowing 401(k) retirement plans to include cryptocurrency. That move added legitimacy to crypto and unlocked the possibility of tapping retirement savings as a new and steady source of capital. The US executive order on crypto ... (full story)