Skip to content

xpool.eu

crypto news aggregator

by: xpoolPosted on: August 22, 2025

BitMine Stock Soars After Powell Hints at Rate Cuts

BitMine Immersion Technologies Inc. (NASDAQ: BMNR) experienced a significant stock surge Friday, fueled by positive market reactions to comments from Federal Reserve Chair Jerome Powell. Powell’s suggestion of potential interest rate cuts spurred optimism in the crypto market and drove the price of Bitcoin and Ethereum higher. This helped BitMine benefit as their substantial holdings in Ethereum saw a 15% jump.

Related posts:

  1. Ethereum Transfer Worth $220 Million Linked to BitMine
  2. FOMC Hints at Rate Pause, Impacting Crypto Investment
  3. Fed Watch Tool Points Toward Possible September Rate Cut, Could Impact Crypto
  4. Will Bitcoin’s Resilience Hold Up Against Rate Hike Pressure?
BitMine Cryptocurrency Rate Hikes

Post navigation

Previous PostPrevious Wall Street’s Ethereum Boom Outpaces Bitcoin, Fueling New Opportunities
Next PostNext Arctic Pablo Coin Sees Massive Growth Amidst Meme Coin Frenzy: Is This The Next Big Thing?

#BTC AI Altcoin Altcoins Binance Bitcoin Blockchain BlockDAG Cardano Coinbase Crypto Cryptocurrency Crypto Market Crypto Regulation DeFi Dogecoin ETF Ethereum Finance Fintech Institutional Investment Investment MAGACOINFINANCE Market Analysis Market Trends Market Volatility Meme Coins Pi Network Presale Price Prediction Qubetics Regulation Ripple SEC Shiba Inu Solana Stablecoin Stablecoins SUI Tariffs Technical Analysis Trading Trump Web3 XRP

Copyright © 2025 xpool.eu
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}