Bitcoin Surges After Donald Trump Signs New Executive Order

At one point, the world’s largest cryptocurrency climbed above $117,500, continuing its impressive rally throughout 2025. The bullish momentum also spread across the broader crypto market, with Ethereum (ETH), Solana (SOL), and several other major tokens trading in the green during Thursday morning sessions.

What’s Driving Bitcoin’s Price Spike?

Investor enthusiasm appears to be driven by reports that U.S. President Donald Trump is preparing to sign an executive order that would expand investment options within 401(k) retirement plans. According to CNBC, the proposal could allow American workers to allocate a portion of their retirement savings into alternative assets — including private equity, real estate, and most notably, digital assets like Bitcoin.

If implemented, this policy could mark a major breakthrough in making cryptocurrencies more accessible to everyday investors, potentially accelerating mainstream adoption within the traditional financial system.

What Does This Mean for Bitcoin?

The potential inclusion of Bitcoin in retirement portfolios has long been seen as a “holy grail” for crypto adoption. Such a move would significantly enhance the asset’s legitimacy and appeal, particularly among long-term investors — especially if it’s offered within a well-regulated, transparent framework.

However, the timing and specific details of the proposed executive order remain unclear. The initiative is also expected to face close scrutiny from U.S. lawmakers and financial regulators, given Bitcoin’s historical volatility and complex tax implications.