Analysts: Barring major events, Bitcoin may enter a period of low volatility.

According to Mars Finance, on March 19th, Greeks.live analyst Adam wrote that the US stock market had a significant spillover effect on cryptocurrencies on March 19th. Major US stocks fell significantly, dragging Bitcoin down from $74,000 to $71,000, with Altcoin following suit. Although Powell's speech was hawkish, warning of inflationary risks from regional conflicts and suggesting the Fed might not cut interest rates this year, the market had already priced this in, and the interest rate decision was within expectations. The volatility surge triggered by this decline was extremely short-lived, and by this morning it had fallen back below yesterday afternoon's levels. With the quarterly settlement week approaching, Bitcoin may enter a low-volatility phase barring major events.