1. Powell commented cryptocurrencies as "a speculative asset" which leaded to an adjustment in Bitcoin price but a rising trend in Gold
2. US President is considering spending $3 trillion on infrastructure in the States which draws investment capitals into the US stock market
Even there is an adjustment in the Bitcoin price these days but it is expected it will recover soon.
We are already not doing that bad, we have seen over 59k again today for example, this is just a correction and I do not get people who end up with a fear during even the smallest of corrections. We had this literally just a month ago, literally only two month ago, and we dropped from 40k to 30k and everyone was scared like it was a huge deal, that was about a 25% or so drop, and now we moved from 60k to 45k which was another 25% fall, that is literally a correction, what else are you expecting.
After that first one in January we moved higher, now after this one we are moving higher as well, there is really nothing that shocking here neither, because corrections always happens and there is nothing you can do about it. Obviously we will need to not panic and just focus on the recovery, buy when its low so you can profit, but drops will happen and we can't stop it.