Trump Allows Cryptocurrency in Pension Plans — What Will It Change?
✏️ Donald Trump signed an executive order allowing Bitcoin, Ethereum, and other crypto assets to be included in Americans' pension accounts. This means that trillions of dollars from pension funds could flood the crypto market, dramatically increasing its capitalization.
*against this background, #BTС finished off the second IMB near $117,500....
On the one hand, large asset managers such as BlackRock will gain access to new money, which could reduce volatility and strengthen confidence in the market. On the other hand, pension savings will be at risk: cryptocurrencies remain a risky asset, and their inclusion in conservative strategies looks questionable. 🧠
*green flag for inflating the capitalization of #BTC, which, as you understand, is a globally bullish signal!
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Trump Allows Cryptocurrency in Pension Plans — What Will It Change?
✏️ Donald Trump signed an executive order allowing Bitcoin, Ethereum, and other crypto assets to be included in Americans' pension accounts. This means that trillions of dollars from pension funds could flood the crypto market, dramatically increasing its capitalization.
*against this background, #BTС finished off the second IMB near $117,500....
On the one hand, large asset managers such as BlackRock will gain access to new money, which could reduce volatility and strengthen confidence in the market. On the other hand, pension savings will be at risk: cryptocurrencies remain a risky asset, and their inclusion in conservative strategies looks questionable. 🧠
*green flag for inflating the capitalization of #BTC, which, as you understand, is a globally bullish signal!