user-avatar
Alexander Stefanov

Bitcoin Rises 6% as Markets Await Fed Speech and Ethereum Fusaka Upgrade

Bitcoin gained nearly 6% after a sharp decline, with the sustainability of the rebound depending on macroeconomic data and blockchain developments this week. Federal Reserve Chair Jerome Powell speaks Tuesday, followed by U.S. employment reports Wednesday through Friday. Ethereum's Fusaka upgrade deploys Wednesday, modifying blob capacity and data costs for Layer 2 rollups.