If crypto was supposed to be free from government intervention then why is it getting so affected by the FED and stock market?

I’m reading a lot of “don’t worry, the market is only dipping cause the FED released a statement” or “the stock market is down this why crypto is also dipping”

These things should never be an issue or else the whole concept of crypto is gone…

If anything, I thought DAOs were supposed to take over the FED not the other way around. I’m already knees deep in major DeFi and DAOs like AAVE and BitDAO.

What’s going on? Why has this become an issue to us? If the FED and stock marker are capable of controlling crypto then it basically lost its main selling point