The U.S. stock market continues to exert significant influence on cryptocurrencies. Major stocks saw a noticeable decline in pre-market trading, dragging Bitcoin down from $74,000 to $71,000, a drop that also spread to the altcoin market. However, the rebound triggered by this round of selling was extremely short-lived, and prices have since fallen to levels even lower than yesterday’s. Although Powell’s remarks were hawkish—warning that inflation risks stemming from regional conflicts could prevent the Fed from cutting rates this year—the market had already priced in these developments, so the policy decision and statement came as no surprise. With the quarterly settlement week approaching, Bitcoin may enter a period of relatively low volatility unless major events occur.(Greeks.live)