Just took a quick look at the charts, and Bitcoin has dropped below $74,000. Before the New York Stock Exchange opens this morning, the selling pressure across the entire crypto market simply doesn't seem to let up. You can see it in the numbers: currently, BTC is around $74.30 with a loss of nearly 0.2 percent in the last 24 hours.

What strikes me is the timing. Every time the US stock markets open, we feel these sell-off waves in the crypto scene. Whether this is just coincidence or if there is really a connection is hard to say. But the opening of the New York Stock Exchange seems to be at least today’s trigger.

In any case, the next few hours should be watched closely. The market is tense, and as long as this pressure persists, it could go even lower.