🚨 Breaking News: 🇺🇸
The head of the U.S. SEC, Paul Atkins, says that now is the right time to open the $12.5 trillion 401(k) retirement market to crypto.
This news is very strong and positive (🔥 Bullish) for the crypto market.
Why is this bullish?
• 401(k) retirement funds hold around $12.5 trillion in assets
• Even if a small portion flows into crypto → it would create a massive institutional inflow
• It increases legal legitimacy and trust in crypto
• Especially a very positive signal for BTC and ETH
Short-term impact:
The news is positive, but the market may not move aggressively right away.
Usually, news like this has a gradual effect.
Long-term impact:
A strong foundation for the next Bull Market
Eventually also positive for altcoins
Final conclusion:
📈 Long term = Very bullish
⏳ Short term = Wait + confirmation