On the 15th of March 2024, the OrderBook podcast dives into the day's notable and turbulent activity in the global cryptocurrency market. This episode explores the significant slump that saw a 7.3% decline in the market capitalization, stripping $175 billion in value from prominent cryptocurrencies like Bitcoin, Ethereum, and others. We discuss the elements contributing to this downturn such as unexpected inflation data and anticipatory actions from traders. Despite the broadly bearish news, the podcast delves into future predictions that hint at the transient nature of these dips and the potential choppiness expected due to the upcoming release of the Federal Open Market Committee minutes. Produced by Nicholas Lamb.