US President Donald Trump has signed an executive order that allows Americans to include alternative assets like cryptocurrencies in their 401(k) retirement plans. The move aims to provide greater asset diversification and competitive returns, though experts caution about the potential risks associated with the volatility of such investments. Following the announcement, Bitcoin's price saw a slight increase as the sector anticipates access to a significant pool of retirement funds.

President Trump signed an executive order allowing alternative assets like cryptocurrencies and private equity to be included in 401(k) plans, directing the Secretary of Labor to review existing fiduciary guidelines. This move, aimed at expanding investment options for retirement plans, presents both opportunities and risks for investors, with the alternative asset industry celebrating this significant shift. Bitcoin saw a price increase following the announcement.