Bitcoin and crypto market maintain decline despite Fed Chair Powell's hints at further rate cuts

The general crypto market continued on a downtrend on Monday despite Fed Chair Jerome Powell hinting at the possibility of further interest rate cuts later in the year. source: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-and-crypto-market-maintain-decline-despite-fed-chair-powells-hints-at-further-rate-cuts-202410010043