TeraWulf Receives Kentucky Public Service Commission Approval Of Retail Electric Service Agreement For Up To 482 MW For Its Justified Data Campus

Shares of crypto-linked stocks are trading higher as Bitcoin prices hit $80,000 amid lower yields and a weaker dollar. Fed's Waller's comments that he is inclined to support holding interest rates steady may have further supported the speculative asset by easing concerns about tighter monetary policy and improving risk appetite.

Shares of crypto-linked companies are trading lower as Bitcoin sells off from its recent rally, possibly after Federal Reserve Chairman Warsh's comments on inflation and prices raised rate-hike concerns. The asset is also under pressure after Treasury Secretary Bessent's letter suggested the Treasury exchanged existing Exchange Stabilization Fund foreign-currency assets for Yen, which contributed to a spike in the dollar value.

Nasdaq 100 Falls As Warsh Revives Rate Hike Bets: Stock Market Today

Fed Chair Kevin Warsh said underlying inflation has not improved, pushing September hike odds to 60%, lifting the 2-year yield

Why the Summer Slump is Setting Up Wall Street's Next Rally

Technical analysis shows QQQ is positioned for a rally, with historical data indicating positive returns following eight consecutive down closes. Bearish sentiment has reached extreme levels for six consecutive weeks, a contrarian indicator that preceded a multi-week rally in April. NVIDIA exceeded Wall Street expectations with $96.2B in revenue and announced significant capacity expansion plans for Neocloud partners, signaling strength in the AI sector.