Increased investor risk appetite following Powell's speech may signal a shift in market sentiment, potentially impacting future crypto and equity trends.
The surge in Bitcoin ETF investments signals growing institutional confidence in cryptocurrency, potentially stabilizing the market and attracting more mainstream investors.
Powell's dovish stance and potential rate cuts could boost investor confidence, leading to rallies in risk assets like Bitcoin and other cryptocurrencies.
Bitfarms' acquisition of Stronghold highlights the increasing consolidation in the crypto mining industry amid revenue pressures and competitive threats.
