The bearish price action comes ahead of the Federal Reserve’s expected interest rate hike on Wednesday afternoon.Today's episode is sponsored by Kraken Pro.Today's Stories:Binance Says It Intends to File Motion to Dismiss CFTC ComplaintJudge in FTX Case Mulls Gag Order on Contact with MediaCrypto Miners Are Pivoting to AI (Like Everyone Else)Ghost From the Well: Is Crypto Mining With Associated Gas Better for the Environment?The Single Most Important Truth About Bitcoin Mining, Energy and the EnvironmentMarkets Links:BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch First Mover Americas: Bitcoin at $29K Continues to Trade Near One-Month LowFed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July-From our sponsors:Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.Head to pro.kraken.com and trade like a pro.Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.-This episode was hosted by George Kaloudis. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.