The start of the week brought bitcoin a new growth impulse, supported by positive news from the U.S. political front. President Donald Trump’s decision to allow pension funds to invest in the cryptocurrency sector triggered powerful market optimism and became a factor capable of attracting significant institutional capital.
Bitcoin Rises on U.S. Pension Reform News and Successful Mergers
The executive order aimed at providing access to alternative assets such as cryptocurrencies and private capital expands horizons for savings programs, which could become a long-term driver of growth. Against the backdrop of these events, the largest U.S. exchange-traded funds focused on bitcoin recorded a three-day investment inflow that coincided with a sharp price surge. However, a significant portion of the increase occurred over the weekend, when market liquidity is traditionally lower, raising questions about the stability of current levels.
In parallel, market participants’ attention was also drawn to other developments. Rumble Inc announced its intention to acquire German AI company Northern Data AG for $1.17 billion, which could potentially make stablecoin giant Tether the largest shareholder of Rumble. On the corporate front, Strategy (formerly MicroStrategy) continues to actively replenish its reserves, purchasing an additional 155 BTC for approximately $18 million at an average price of $116,401 per coin. Its portfolio already holds 628,946 BTC, which represents nearly 3% of the total bitcoin supply and reflects approximately $30 billion in unrealized gains.
Altcoins Responded Differently to the News
The altcoin market showed mixed dynamics. Ethereum is holding near $4,276, just $500 below its 2021 all-time high. XRP showed growth following the settlement of the dispute between the SEC and Ripple, while Solana and Cardano demonstrated weak fluctuations. Among meme tokens, Dogecoin lost slightly in price, while the $TRUMP token declined by more than 3%.
Bitcoin Continues Bullish Trend
From a technical perspective, bitcoin continues to move within a long-term ascending channel, demonstrating confident bullish momentum. The price has firmly established itself above the important $107,000 level and regularly sets new all-time highs, approaching the $125,000 mark. The current market configuration suggests that even deep pullbacks can be viewed as potential entry points for long positions, given the overall positive backdrop and high probability of continued growth.
