Trump Signs Order Allowing Americans to Add Crypto in Their 401Ks. Here Are 3 of the Top-Rated Coins to Buy Now.

President Donald Trump positioned himself as a crypto-friendly candidate leading up to his reelection in November 2024. After being elected, he has consistently signed executive orders to promote cryptocurrencies, stablecoins, and blockchain technology.

On Aug. 7, Trump signed an executive order aimed at expanding access to alternative investments, including cryptocurrencies, in 401k retirement savings plans.

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So far into his second term, he has already signed a bill allowing the U.S. to officially have its own Bitcoin (BTCUSD) reserve. He also allowed the government to own other digital currencies, or altcoins.

These decisions have been followed by a general loosening of restrictions on the crypto sector. Many lawsuits were dropped or settled, like the one with Ripple, and his chumminess with players in the crypto industry seems far from over. Coinbase (COIN) was one of the sponsors of the 250th U.S. Army parade, and two of Trump’s sons, along with some of his closest aids, are very into crypto.

Just today, a company called ALT5 Sigma bought $1.5 billion worth of a crypto project by World Liberty Financial, a company in which both Eric Trump and Donald Trump Jr. are actively involved.

Here are three cryptos to buy to benefit from this new Trump executive order, derived from Barchart’s Popular Coins screener.

Bitcoin Cash (BCHUSD)

Trump Signs Order Allowing Americans to Add Crypto in Their 401Ks. Here Are 3 of the Top-Rated Coins to Buy Now.

Bitcoin Cash (BCHUSD) may have slipped under the radar of many, but it has delivered terrific gains over the past three years, up nearly 400%. It is a hard fork of the original Bitcoin blockchain.

Bitcoin Cash was made to address the shortcomings of the Bitcoin blockchain, which has long block times, with transaction confirmation taking 30 minutes or more. Bitcoin Cash was introduced as a solution, largely mirroring Bitcoin but offering larger block sizes and faster transactions. Although Bitcoin remains much more popular, Bitcoin Cash does have a dedicated fan base.

If you believe that an altseason is on the horizon, buying BCH may give you solid exposure to it, as it still retains correlation with the broader market and has lots of upside potential due to its $12.3 billion market capitalization.

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