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Bitcoin surged past $105,000 following the Federal Reserve’s decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve cryptocurrency clients, provided they effectively manage associated risks. On Thursday, Bitcoin climbed 3%, trading just above $105,000 after dipping to $101,800 the previous day.

The Federal Reserve is expected to keep interest rates steady at the conclusion of its two-day meeting on Jan. 29, signaling a cautious approach as the economy continues to grapple with high inflation and borrowing costs. Despite President Donald Trump’s recent remarks urging immediate