Did Jerome Powell Just Ignite the Next Bitcoin Price Rise?

On June 24, 2025, Federal Reserve Chairman Jerome Powell testified before Congress, delivering what many now call a game-changing message for the crypto world. For the first time with such clarity, Powell confirmed that U.S. banks are allowed to provide services to cryptocurrency companies, as long as they do so within the framework of appropriate risk management. This is not just a neutral explanation. Analysts, organizations, and cryptocurrency investors all see this as a green light signal for regulations that could open the gate for institutional money flow. In summary: the Fed has just welcomed banks to participate in the crypto world. Bitcoin Reacts Immediately: Over 588 Million USD from Institutional Capital Flows The market did not take much time to react. On the same day Powell made his statement, institutional investors poured over 588 million dollars into Bitcoin spot ETFs, with another 71 million dollars flowing into Ethereum ETFs. Bitcoin surged past the $105,000 mark, briefly hitting $106,000, and traders are now eyeing $112,000 as the next key resistance level. This moment is not coincidental — the move follows Powell's announcement, along with a broader shift in management sentiment. The Law on Stablecoins is Also Supported Jerome Powell also expressed his support for the upcoming stablecoin legislation, particularly bills like the GENIUS Act, aimed at regulating the issuance and support of stablecoins in the United States. This is very important because stablecoins drive the crypto world economy — from trading pairs on exchanges to global remittances. Clear regulations around stablecoins mean better infrastructure, more investor trust, and ultimately more capital into this space. Is This the Beginning of a Parabolic Price Surge for Bitcoin? Cryptocurrency analysts and market followers are currently debating whether this Fed-driven momentum could lead to a comprehensive parabolic rally. Here are the reasons why the market is so optimistic: Institutional capital: Banks can now interact with cryptocurrencies — this means new services, new products, and a large amount of money waiting to flow in. Regulatory clarity: One of the main barriers for institutions is uncertainty. Powell's statement has removed much of that barrier. Stablecoin framework: A solid legal foundation for stablecoins could significantly boost adoption and make DeFi more attractive to traditional finance. From 105,000 USD to 112,000 USD and more? With clarity in regulations and growing confidence from institutions, Bitcoin seems poised for further advances. If the current momentum holds, surpassing the $112,000 mark could open the door to a new all-time high in Q3 2025. But as usual in the crypto world, volatility remains the most important factor — and traders should closely monitor macroeconomic data, geopolitical developments, and trends in ETF capital flows to confirm the sustainability of the rally.