$BTC

😎 Bitcoin Rallies on Powell’s Comments

Bitcoin

BTCUSD

jumped 2% early Thursday, climbing to $99,400 as traders digested Federal Reserve Chair Jay Powell’s post-FOMC press conference — and liked what they heard.

While the Fed kept interest rates unchanged and warned that inflation risks remain elevated, crypto traders took comfort in the certainty of no surprises. No cuts? No panic either. No news is good news.

👊 Four-Day Streak and 33% Monthly Surge

The OG coin has now strung together four days of gains and is up 33% over the past month, building steadily off its early-April low of $74,000.

That rally has been powered by a return to risk appetite, renewed flows from institutional investors, and the ever-simmering narrative that Bitcoin thrives when macro conditions grow too complex for traditional assets to handle.