China's AI Boom Drives Massive Power Grid Expansion, Raising Global Energy Stakes

The crypto market is already in extreme fear (Fear & Greed 25) with bearish sentiment and low BTC dominance, suggesting a risk-off environment. Weather events like this are unlikely to shift sentiment, but they highlight the vulnerability of proof-of-work mining to energy price spikes and grid stress.

A heatwave forecast predicts potential new national May temperature records on bank holiday Monday.