Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and comments from Chair Jerome Powell that touched briefly upon crypto regulation.

The Fed keeps rates at 4.25%-4.50%, avoiding commitment to cuts. Bitcoin dips 1% but remains above $100K as markets assess Powell’s stance.

Bitcoin is up following Fed Chair Jerome Powell's comments about crypto offerings in banks – he appears to have taken a swipe at the alleged Operation Choke Point 2.0 that the Biden administration was accused of implementing in the past few years.

Bitcoin demonstrated market resilience by rebounding 4% to $105,031 following the Federal Reserve's decision to maintain current interest rates, supported by positive regulatory signals and broader market optimism.

Federal Reserve Chair Jerome Powell fields questions from reporters after the central bank announced it would leave rates unchanged.