The cryptocurrency market has recently been dynamic, with various significant news emerging continuously, having a profound impact on market trends. Let's delve into these latest developments to better grasp the pulse of the crypto space.

First of all, Trump recently signed a striking executive order that allows 401(k) retirement plan investors to venture into alternative asset classes such as encryption currency. Considering the enormous size of the U.S. 401(k) pension market, which amounts to $12.5 trillion, this decision undoubtedly injects strong momentum into the encryption currency market. Once the news was announced, the prices of digital currencies like Bitcoin immediately surged, and market sentiment suddenly warmed. In the long run, this could lead to more traditional financial capital flowing into the encryption currency market, enhancing overall liquidity and possibly driving encryption currency prices further up. However, investors should also be cautious, as a large influx of funds may exacerbate market volatility.

Secondly, the latest report released by the Federal Reserve has drawn widespread attention. The report explores the possibility of using the valuation gains from gold reserves to fund the establishment of a strategic Bitcoin reserve for the United States. This information suggests that Bitcoin's position in the mainstream financial system is becoming increasingly important. If the U.S. really moves to establish a strategic Bitcoin reserve, it would have a significant impact on the Bitcoin market landscape, further highlighting its scarcity and value. Although this is still in the discussion stage, once implemented, Bitcoin's price is likely to experience a significant increase.

Finally, a bill passed by the European Parliament had a significant impact on the market. This bill...