{"id":76047,"date":"2025-06-25T11:47:52","date_gmt":"2025-06-25T11:47:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=76047"},"modified":"2025-06-25T11:47:52","modified_gmt":"2025-06-25T11:47:52","slug":"did-jerome-powell-crypto-greenlight-just-set-the-stage-for-parabolic-run","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=76047","title":{"rendered":"Did Jerome Powell Crypto Greenlight Just Set The Stage For Parabolic Run?\u00a0"},"content":{"rendered":"

Jerome Powell crypto endorsement may trigger a parabolic run. Bitcoin is firm above $105,000, with a possibility of gains above $112,000. The Federal Reserve is focused on inflation and monetary policy.<\/em><\/p>\n

In a volatile week, crypto prices are back in the green. Notably, BTC \u25b21.91%<\/span><\/a> broke above $105,000, recovering from sharp losses posted on Sunday, with growing odds of a bull run past $112,000.<\/span><\/p>\n

Explore<\/strong>:\u00a0Top Solana Meme Coins to Buy in June 2025<\/a><\/p>\n

Bitcoin Breaks $105,000<\/span><\/strong><\/h2>\n

With Bitcoin rising, some of the <\/span>best cryptos to buy<\/span><\/a> are also firm. <\/span><\/p>\n

XRP has shaken off last week\u2019s losses, adding 2%, while LINK \u25b20.56%<\/span><\/span> has pushed weekly gains to over 4.2%. However, most top 20 tokens remain in the red over the past seven days, still recovering from Sunday\u2019s sharp decline.<\/span><\/p>\n

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Bitcoin<\/div>\n
Price<\/div>\n
Market Cap<\/div>\n<\/div>\n
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BTC<\/div>\n
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$2.13T<\/div>\n<\/div>\n<\/div>\n<\/div>\n
24h<\/span>7d<\/span>30d<\/span>1y<\/span>All time<\/span><\/div>\n<\/div>\n<\/div>\n

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Confidence is rising, and sentiment is improving. The Fear and Greed Index shows traders and investors moving toward neutral, a shift from the \u201cextreme fear\u201d zone when prices dipped below $100,000.<\/span><\/p>\n

Explore<\/strong>:\u00a020+ Next Crypto to Explode in 2025<\/a><\/p>\n

Jerome Powell Crypto Endorsement to Pump Prices?<\/span><\/strong><\/h2>\n

This shift follows Federal Reserve Chair Jerome Powell\u2019s June 24 testimony before Congress. <\/span><\/p>\n

Powell effectively \u201cgreenlighted\u201d crypto, clarifying that U.S. banks under Federal Reserve oversight can provide services to crypto players, provided the financial system remains safe. <\/span><\/p>\n\n

These statements, delivered under oath, mark a departure from the central bank\u2019s previous ambiguity and hostility toward crypto, including some of the <\/span>best cryptos to invest in 2025<\/span><\/a>.<\/span><\/p>\n

It was the first time a Federal Reserve Chair publicly supported regulated bank participation in the multi-trillion-dollar crypto industry. <\/span><\/p>\n

This could trigger a wave of institutional capital inflow, easing access to top digital assets. <\/span><\/p>\n

On June 24, institutions bought over $588 million in spot Bitcoin ETFs and $71 million in spot Ethereum ETFs.<\/span><\/p>\n\n

(<\/span>Source<\/span><\/a>)<\/span><\/strong><\/p>\n

Powell also confirmed progress on stablecoin legislation via the GENIUS Act, signaling momentum for a clear regulatory framework. Thus far, multiple new players are rushing to offer USD stablecoins backed by U.S. Treasuries.<\/span><\/p>\n

Federal Reserve Data-Driven: Focus on Inflation and Monetary Policy<\/span><\/strong><\/h2>\n

Despite the bullish crypto comments, Powell remained focused on macro factors, particularly the Federal Reserve\u2019s mandate to manage inflation. <\/span><\/p>\n

He noted that the economy is solid, but inflation, though declining, remains sticky. Its trajectory depends on the proposed tariffs by Donald Trump.<\/span><\/p>\n\n

The Federal Reserve is data-driven, closely monitoring economic indicators to determine potential rate cuts. Powell indicated no rush to slash rates, lowering the likelihood of a July cut. <\/span><\/p>\n

The CME FedWatch tool <\/span>shows<\/span><\/a> a 23% chance of a July rate cut but an 82% probability in September, contingent on inflation nearing the 2% target.<\/span><\/p>\n

DISCOVER:<\/span><\/strong> 9 Best Crypto Presales to Invest in June 2025 \u2013 Top Token Presales<\/span><\/a><\/p>\n

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Jerome Powell Crypto Greenlight Pumps Bitcoin Above $105,000<\/h2>\n

Bitcoin price breaks $105,000 as bulls target $112,000<\/span>\u00a0<\/span> <\/p>\n

Jerome Powell crypto endorsement is massive for the industry<\/span>\u00a0<\/span> <\/p>\n

Institutions pouring into crypto assets via spot ETFs<\/span>\u00a0<\/span> <\/p>\n

Positive legislation may funnel even more capital into crypto<\/span>\u00a0<\/span> <\/p><\/div>\n

The post Did Jerome Powell Crypto Greenlight Just Set The Stage For Parabolic Run?\u00a0<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Jerome Powell crypto endorsement may trigger a parabolic run. Bitcoin is firm above $105,000, with a possibility of gains above $112,000. The Federal Reserve is focused on inflation and monetary policy. In a volatile week, crypto prices are back in the green. Notably, BTC \u25b21.91% broke above $105,000, recovering from sharp losses posted on Sunday, […]<\/p>\n","protected":false},"author":0,"featured_media":76048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-76047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/76047"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76047"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/76047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/76048"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}