Bitcoin

The fall of #BTC this evening, from the data point of view and the opening time of the US stock market is highly coincident, basically in the opening of the US stock market and the US stock market synchronized decline, after all, most investors are a group of people, so what is the reason for the decline of the US stock market?
There are just a few, the first is yesterday's Powell's speech, will be 125 basis points of interest rate cuts into 100 basis points of interest rate cuts, but as I personally understood yesterday, this is not necessarily a bad thing, after all, increased the probability that the U.S. economy will not recession, but there are some investors * may think that this situation will aggravate the burden of the soft landing.