Bitcoin Remains Steady as Policy Change Supports Broader Adoption

Bitcoin traded near 67,504.63, up 865.24 points or 1.30%, but it still could not hold above 68,000, keeping the near-term tone cautious. While the price move was fairly limited, the more important development came from Washington. The US Labour Department has proposed a new rule that could gradually improve Bitcoin’s longer-term role in retirement investing.

The proposal would give 401(k) fiduciaries a clearer way to assess alternative assets, including crypto. It does not encourage retirement plans to buy Bitcoin, and it does not suggest that large inflows will arrive straight away. Instead, it sets out a more structured and neutral review process. Before offering any crypto-related option, fiduciaries would need to consider factors such as expected performance, fees, liquidity, valuation methods, benchmarks and complexity.

This is a meaningful change from the department’s earlier 2022 guidance, which urged “extreme care” around crypto in retirement plans. That guidance was removed in May 2025, and the new proposal pushes the conversation further towards a principles-based approach. For Bitcoin, this helps reduce some of the policy uncertainty that has held back broader retirement-plan adoption.

The longer-term significance comes from the scale of retirement capital. 401(k) assets represent one of the largest pools of long-term capital in the United States, so even a small future allocation could strengthen Bitcoin’s structural demand story. Even so, any shift in this area would likely take time. Large plans, committees, consultants and recordkeepers tend to move carefully, so progress is more likely to be gradual than immediate.

On the technical side, Bitcoin remains in a broad consolidation range after its earlier fall from the 97,900 high and rebound from around 60,000. The setup still looks neutral to slightly bearish. Price is hovering near the short-term moving averages, with the 5-day at 67,151 and the 10-day at 68,635 close to current levels, showing a lack of clear direction. At the same time, price remains below the 20-day moving average at 70,072 and the 30-day moving average at 69,701, which suggests momentum has weakened since the earlier breakdown.

Discover how policy shifts and market positioning are influencing Bitcoin’s outlook.