Why is the crypto market down today? Bitcoin down to $42K

The current decline in the crypto market, with Bitcoin reaching $42,000, can be attributed to the U.S. Federal Reserve’s stance on interest rate hikes. The crypto market has experienced a significant shift due to the Federal Reserve’s decisions, impacting investor sentiment and market dynamics.  In December 2023, Bitcoin crossed the $31,000 mark, and since then, […] source: https://www.cryptopolitan.com/why-is-the-crypto-market-down-btc-at-42k-2/