Bitcoin's price has surpassed $100,000, yet only 18% of surveyed interns own or use cryptocurrencies, indicating early-stage adoption.

While Powell's stance supports a crypto rally, potential risks include corporate treasury adoption challenges and equity market volatility.

Bitcoin held a crucial support level amid cautious market positioning ahead of Powell's Jackson Hole speech.

Powell is scheduled to speak Friday morning at the Fed’s annual Jackson Hole Economic Policy Symposium.