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.

The largest digital asset rose 3.6% to about $106,144 on Thursday. Smaller tokens such as Ether and Solana also pushed higher.

Crypto shares rallied. Canaan Inc. rose 14%; CleanSpark, Bit Digital up 7%; Riot Platforms up 6.7%; MARA Holdings, Coinbase Global, Inc. up 5%.

Fed officials on Wednesday paused monetary easing, and Powell in his customary briefing signaled that the central bank will need to see more progress on inflation before considering any further reduction in interest rates.

In response to a question about risks from digital assets, Powell said banks are “perfectly able to serve crypto customers as long as they understand and can manage the risks” and added that “a greater regulatory apparatus around crypto” from Congress would be “very constructive.”

The comments were staid and measured but come against a backdrop of heightened investor expectations for friendly digital-asset regulations under President Donald Trump, who has tightly embraced the crypto sector.