Bitcoin fell 4% to $71,235 despite $1.16 billion in inflows into U.S. spot ETFs over seven days.
Rising oil prices and sticky inflation have led traders to reduce expectations for rate cuts, pushing markets higher for longer.
The Federal Reserve kept rates steady at 3.5%-3.75% while signaling elevated inflation could persist through 2026.
Brent crude surged past $110 a barrel due to Middle East tensions, adding pressure on both stocks and crypto.
Key support for Bitcoin now sits around $70,000, with further downside risk if inflation data worsens.