The total cryptocurrency market showed limited reaction following remarks from Federal Reserve Chair Jerome Powell, as investors digested continued signals that U.S. monetary policy will remain data-dependent amid elevated inflation. Total crypto market cap shows muted responseBroader crypto market data suggests investors responded cautiously to the press conference. The total crypto market capitalization excluding stablecoins hovered near $2.7 trillion, showing little change in the hours following Powell’s remarks. The aggregate market remains below its 20-day and 50-day moving averages, reflecting a broader consolidation phase that has persisted since late November. Despite intermittent rebounds, total market capitalization has struggled to regain levels above $2.9 trillion.