Several factors have driven Bitcoin higher, including President Donald Trump's executive order opening up 401(k) plans to cryptocurrencies.

U.S. president Donald Trump has signed an executive order that will make it easier for 401(k) retirement accounts—which hold a combined $12.2 trillion—to hold bitcoin and

Crypto markets surged after President Trump signed an order allowing 401(k) plans to invest in digital assets, unlocking $8.7 trillion in retirement funds