![Bitcoin (BTC) Price Lower as Fed's Powell Cools March Rate Krisztian Sandor](https://btcusa.com/wp-content/uploads/2024/01/Bitcoin-BTC-Price-Lower-as-Feds-Powell-Cools-March-Rate-678x381.png)
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Risk assets including cryptos turned sharply lower in the immediate aftermath of that remark. BTC fell to $42,300 from its daily high of $43,700 and was down 2.3% over the past 24 hours. The CoinDesk 20 {{CD20}} index, a broad crypto market benchmark that covers some 90% of the total market value of digital assets, declined nearly 3% during the same time.
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