The cryptocurrency market has experienced a relative calm in the last 24 hours, following a period of intense volatility that led to a substantial drop in prices. Bitcoin, the leading cryptocurrency, is currently trading in the US$61,000 range, showing an attempt to stabilize after a sudden correction that resulted in a devaluation of approximately 3.5% in just one day.

This drop in the value of Bitcoin was driven by recent comments from a representative of the US Federal Reserve, who mentioned that it was premature to consider reductions in interest rates. Despite a brief recovery attempt that took the price to around US$61,400, selling pressure was present, stabilizing the price at around US$61,000. At the time of publication, the price of BTC was quoted at US$61,083.78, up 0.5% in the last 24 hours.