Bitcoin rose 3.33% to $121,852 in late Sunday trading, according to The Block. The surge comes as Trump’s executive order to explore adding crypto and private equity to 401(k) portfolios fueled buying interest. The order directs the Labor Department to work toward allowing alternative assets in retirement plans, which could spur demand. Bitcoin saw $253 million in ETF inflows this week, despite a post-all-time-high consolidation phase. Presto Research Analyst Min Jung said large corporate treasuries are driving much of the current buying pressure and will likely remain influential in price action. He cautioned that upcoming CPI and PPI data could impact markets, particularly if it shifts expectations for future rate decisions.
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