Bitcoin (BTC), the world's largest cryptocurrency, experienced a dip on Friday as it failed to maintain its upward momentum and dropped below $27,000. Jerome Powell's statement about possible interest rate hikes caused a 1.5% decrease in the global crypto market to $1.06 trillion. Bitcoin has been trading sideways due to Powell's statements and the increase in 10-year note yields. ... Read More: Bitcoin Price Prediction: Fed's Stance, ETF Approval, & Yuan's Impact on BTC