Fed's Daley: is approaching a sustainable pace for returning inflation to 2%

U.S. crypto mining stocks remain highly active, with Bitfarms up over 14%, and MARA, WULF, and CLSK all rising more than 10%.

Powell: Despite the lack of recent data, the U.S. economy appears to remain stable

Data: If ETH breaks through $4,308, the cumulative short liquidation intensity on major CEXs will reach $1.578 billions.

The Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Tuesday was $3.516 billion.