Bitcoin Price Today at $121K, Ethereum Price at $4,300 after Trump’s 401(k) crypto order

Bitcoin Price Today at $121K, Ethereum Price at $4,300 after Trump’s 401(k) crypto order


The post Bitcoin Price Today at $121K, Ethereum Price at $4,300 after Trump’s 401(k) crypto order appeared on BitcoinEthereumNews.com.

The post Bitcoin Price Today at $121K, Ethereum Price at $4,300 after Trump’s 401(k) crypto order appeared first on Coinpedia Fintech News The crypto market kicked off the week with fireworks after President Trump signed an executive order directing regulators to explore allowing cryptocurrencies, private equity, and other alternative assets in 401(k) retirement plans. Analysts say this move could unleash a fresh wave of institutional buying, tapping into millions of U.S. retirement accounts and injecting massive liquidity into the market. Bitcoin and Ethereum Price Surge to New Heights Bitcoin climbed past $121,000, up 3.33% in 24 hours, while Ethereum hit $4,300, its highest level since December 2021. The rally came not only from Trump’s policy move but also from strong spot ETF inflows, with Bitcoin ETFs drawing in $253 million this week despite price consolidation after last month’s all-time high. Ethereum ETFs stole the spotlight, pulling in $461 million, surpassing Bitcoin’s inflows and fueling institutional demand that analysts believe could push ETH toward its $4,878 all-time high. The market momentum isn’t just about ETFs. Corporate treasuries are quietly accumulating crypto, with SharpLink Gaming reportedly acquiring over 52,800 ETH over the weekend. Presto Research’s Min Jung believes this trend is a powerful driver for price action, suggesting treasuries will remain a “key player” in the next phase of the bull run. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read :   Ethereum Dev Says “We’re Just Infra Builders” After Detention in Turkey Over ‘Misuse’ Claim   , Mr. Himanshu Maradiya, Founder and Chairman of CIFDAQ, told Coinpedia, “Bitcoin’s surge to $121,000 and Ethereum’s rise…



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *