Trump’s administration has lifted restrictions on cryptocurrencies in 401(k) retirement plans, contrasting with previous Biden-era guidance. Analysts anticipate this shift might generate substantial demand for Bitcoin, potentially greater than ETF inflows.
Glassnode forecasts Bitcoin may reach a price of $120,000, given that 1% of the $8.9 trillion in 401(k) assets could translate into an $80 billion demand boost.
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