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.

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.

BITCOIN held its biggest jump in more than a week following the US Federal Reserve’s interest-rate decision and comments from chair Jerome Powell that touched briefly upon crypto regulation. Read more at The Business Times.

Bitcoin hit a record $109,241 in advance of Mr Trump’s inauguration on January 20th but subsequently slipped back. The token is up over 50 per cent since his election victory in early November, leading some to ask if the rally is due a breather.

Bitcoin shot up 4.5% on Jan. 29, climbing to around $105,000 after the Federal Reserve decided to hold interest rates steady. Traders snapped back to riskier assets after five straight days of losses.