While the eyes in the market are focused on Powell's statements, which will start at 17.00, Bitcoin continues to struggle to win $ 29,000.
The rise in Bitcoin also affected the pre-market outlook on the US stock markets. Stocks of companies with exposure to cryptocurrencies came to the fore in pre-market trade.
Accordingly, the shares of Coinbase, the largest US crypto exchange, increased by 3% today with the rise in Bitcoin.
Cryptocurrency mining company Riot Platforms rose 3.4%, while MicroStrategy, which has 140,000 Bitcoins, posted a 3% rise.
It is stated that Wall Street was influenced by the plans of Blackrock, the world's largest asset manager, to launch a Bitcoin ETF, and this is the story behind the rise in Bitcoin and crypto-focused stocks.
