BTC/USd is currently just under US$42K after a bit of a swing over the weekend, rising from lows under $40,800:

btcusd chart 10 January 2022

BTC has been heavy since the FOMC minutes (December meeting) were published on Wednesday last week. The wider acceptance of the crypto is a tw-edged sword. Sure its boosted interest to buy it but its also made a little more sensitive to news and developments that impact wider markets.