The crypto market is down today, following a sharp pullback seen in the U.S. stock market after United States Federal Reserve chair Jerome Powell issued concerning statements about interest rates and high inflation.
(BTC) price currently trades at $22,300, a concerning level for traders who believe a dip below the $22,000 level would trigger a trend reversal down to $19,000. Similar worries also exist for Ether (ETH), which currently trades at $1,555 and has a key support level at $1,450.