According to Cointelegraph, André Dragosch, head of European research at Bitwise, said that the inclusion of cryptocurrencies in retirement plans in the United States could be an important milestone for bitcoin adoption. Trump signed an executive order on August 7 allowing Americans to invest in digital assets through 401 (k) retirement plans.
Based on a conservative estimate of 1% portfolio allocation, this policy change is expected to bring about $122 billion in new funding to the cryptocurrency market. Dragosch believes that this development could be more impactful than the approval of a U.S. spot bitcoin exchange-traded fund (ETF), which could push the price of bitcoin to $200,000 by the end of 2025.
Bitwise CEO: US 401 (k) plan may push bitcoin to $200,000 by the end of 2025
2025-08-19 11:52:08
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