Bitcoin dropped below the $67,000 threshold following the release of Federal Reserve January meeting minutes.

The minutes revealed officials maintain a hawkish stance on interest rates due to persistent inflation concerns.

Expectations for a March rate cut diminished as policymakers signaled a need for more evidence of cooling prices.

Bitcoin fell 2.4% within two hours of the announcement, reaching a daily low of $66,850.

The broader cryptocurrency market tracked the decline with Ethereum and Solana losing over 3% respectively

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