Bitcoin

While China's crackdown on crypto mining and trading is well-known, this explosion at a fireworks factory does not signal any shift in policy. The market's attention remains on macro factors like Fed rate expectations and Bitcoin's consolidation near $80K.

Explosion at a fireworks factory in Hunan province, China kills 21 and injures 61.

Hunan Factory Blast Kills 21; Could Ripple to Crypto Mining Hardware Supply

Hunan fireworks factory explosion may trigger crackdowns on unregulated industrial facilities, potentially disrupting crypto mining hardware supply chains