Bitcoin News – U.S. President Donald Trump’s executive order, signed on August 7, 2025, allows 401(k) retirement plans to invest in cryptocurrencies, including Bitcoin (BTC), unlocking $8.7 trillion in capital. Bitcoin surged to $122,000 following the news, with $30 million in short positions liquidated. Currently trading at $119,641.77 (₹10,437,243.12 in India), BTC is riding a wave of institutional enthusiasm.
This policy could mainstream Bitcoin, making it a staple in U.S. financial infrastructure. For Indian investors, this underscores Bitcoin’s growing legitimacy, potentially influencing local regulations. Platforms like CoinDCX and ZebPay are seeing increased activity, but India’s 30% crypto tax and 1% TDS remain hurdles.
The order follows Trump’s pro-crypto stance, including the GENIUS Act for stablecoin regulation. BlackRock’s Bitcoin ETF saw $57.4 billion in inflows, reflecting institutional trust. In India, where retail adoption is growing, such developments could inspire confidence, though regulatory clarity is needed.
Risks remain, including market volatility and potential U.S. tariff impacts. Still, the 401(k) move could drive long-term Bitcoin demand, reducing available supply as the 21-million BTC cap looms. Indian investors should stay vigilant, navigate price swings and tax obligations.
How will this shape Bitcoin’s future? Visit btcprice.in for the latest news and INR-based price updates tailored for India’s crypto community.
