Riot Secures Additional Mining Power, Robinhood Crypto Trading Volume Surges

Market Update After opening negative, equity indices have turned positive following the release of JOLTS data showing 8.7 million job openings versus 9.3 million expected, displaying further softening in the labor market. The market continues to pull forward the timeline of the Federal Reserve’s first rate cut, projecting a 55% chance of a March cut compared to a 25.6% chance a month ago. Within crypto markets, all eyes are on $BTC (+3.96%) as it has surpassed $43k, and its dominance ratio, $BTC.D (+1.18%), has made a new 2023 high. The uptick in dominance may be attributed to the realizat