Bitcoin Could Soar Above $200,000 Due to US Retirement Plan Access

President Trump’s executive order granting Americans access to invest their 401(k) retirement savings in cryptocurrencies has ignited optimism for Bitcoin. This groundbreaking move could propel Bitcoin above the $200,000 mark by year-end, according to André Dragosch, head of European research at crypto asset manager Bitwise. His prediction is based on a projected surge in capital from 401(k) portfolios, potentially unlocking an estimated $122 billion in new investment into Bitcoin.