- Trump’s orders open 401(k) access to crypto for 90M Americans, potentially driving billions into Bitcoin and Ethereum markets.
- Banning biased banking boosts fair access for lawful businesses while expanding retirement investment choices to digital assets.
- Even a 1% 401(k) shift into Bitcoin could trigger huge price gains, with analysts predicting values up to $271,000.
In a major policy shift, President Donald Trump has signed two executive orders that could reshape retirement investing for over 90 million Americans. The first order, Democratizing Access to Alternative Assets for 401(k) Investors, allows workers to include cryptocurrencies and other alternative assets in their retirement plans.
The second, Ensuring Fair Banking for All Americans, forbids banks from refusing services on the grounds of religious affiliation, political views, or legitimate commercial operations. When combined, these policies seek to increase financial independence, diversify investment choices, and allay long-standing worries about discriminatory banking practices.
Prominent proponent of digital money David Sacks emphasized on these orders for the cryptocurrency sector. He emphasized that the changes make assets that were previously only available to government personnel eligible for 401(k) accounts. Senator Cynthia Lummis praised the action as significant for digital assets and pointed out that it may improve financial prospects across the country.
Expanding Retirement Options and Crypto Access
The new directive could bring massive liquidity into the crypto market. Galaxy Digital CEO Mike Novogratz said Trump’s backing might lead to major capital inflows into Bitcoin and Ethereum. He explained that integrating crypto into familiar retirement platforms like Fidelity could encourage both retail and institutional participation.
A 5% reallocation of the $12 trillion in 401(k) savings into Bitcoin and Ethereum, according to cryptocurrency dealer Satoshi Flipper, could boost the cryptocurrency market by $600 billion. Furthermore, based on market conditions, political economist Crypto Seth predicted that merely a 1% change may cause the price of Bitcoin to fluctuate between $116,000 and $271,000.
Addressing Banking Bias and Industry Reactions
The second order directly tackles what critics call “Operation Chokepoint 2.0,” where banks allegedly denied services for ideological reasons. By banning such practices, the administration aims to ensure fair access to financial systems for all lawful businesses.
Not everyone is optimistic. Gold advocate Peter Schiff criticized the policy, warning it could deepen the U.S. retirement crisis if savings shift toward volatile assets like Bitcoin.
Bitcoin is now trading at $116,879, up 1.5% over the previous day. Ethereum is also increasing, rising 5.9% each day to $3,903. According to industry observers, the new legislation, which combines retirement security with the innovation of digital assets, may signal a sea change in the widespread acceptance of cryptocurrency.
