SoFi has just made history by becoming the first nationally chartered bank in the United States to offer Bitcoin and cryptocurrency trading. This major move connects the world of traditional banking with digital assets, making it easier for everyday investors to access crypto through a trusted financial institution.

While SoFi hasn’t released all the details yet—such as which cryptocurrencies are supported, what the trading fees are, or where exactly this service is available—this step is still a big deal. It shows how traditional finance is getting more involved in the crypto space. This could lead to higher liquidity, better trading experiences, and possibly more price stability for coins like Bitcoin.

For crypto traders, this could be a game-changer. In the past, when big institutions announced support for crypto, Bitcoin prices often went up. For example, during the 2021 bull run, major news from traditional banks helped push BTC past $60,000. Right now, Bitcoin is already trading near its all-time highs. With SoFi entering the scene, BTC could aim for new levels—support near $70,000 and resistance around $80,000. If trading volume spikes, that’s a strong sign to consider long positions in BTC/USD.

This launch isn’t just good news for Bitcoin—it could also boost interest in other cryptocurrencies like Ethereum (ETH), Solana (SOL), and Cardano (ADA). As SoFi users start exploring crypto trading, ETH/BTC pairs might show more volatility. Watch for increased 24-hour trading volumes on exchanges like Coinbase or Binance. If Bitcoin dominance drops below 55%, it might mean more money is flowing into altcoins, creating potential breakout opportunities. Short-term traders can look for scalping chances on 15-minute charts and should manage risk carefully by setting stop-losses 2–3% below their entry points.

SoFi’s stock (NASDAQ: SOFI) could also benefit from this move. As interest in crypto grows, investors might buy more SOFI shares, creating a positive feedback loop between the stock market and the crypto market. This could even affect AI-related tokens like FET or AGIX, since SoFi uses AI technology to offer personalized financial services—including trading tools.

For long-term investors, this could be a great time to accumulate Bitcoin, especially if it dips below $65,000. Increased access through a bank like SoFi can drive more demand and strengthen BTC’s price over time.

To make smart trading decisions right now, keep an eye on these key metrics: Bitcoin’s 24-hour price change (historically gaining over 2% after big news) and total daily trading volume (look for numbers over 1 million BTC). These signs help confirm whether the market is moving in a bullish direction.

In short, SoFi stepping into crypto trading makes it easier for both beginners and experienced traders to get involved. It also adds more legitimacy to the crypto space, helping digital assets become a bigger part of everyday finance. Whether you’re holding long-term or looking for short-term trades, this development could bring new opportunities in Bitcoin and beyond.