**Crypto Market Rebounds Amid Fed Speculations**

Bitcoin (BTC) has surged 21% from its August 5 low, hitting $49,577, and boosting the overall crypto market cap back to $2 trillion. Investors are eagerly awaiting the Federal Reserve's September 18 meeting, where interest rate cuts are anticipated. Recent economic data shows mixed signals, with inflation slowing but unemployment slightly higher than expected.

Market sentiment is shifting, with the Crypto Fear & Greed Index moving from "extreme fear" to "fear," suggesting a potential buying opportunity. Bitcoin miners are also expanding operations, as the network's hashrate hit a record high, indicating positive miner sentiment despite recent revenue challenges.