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The cryptocurrency market experienced a significant decline today, with a total capitalization drop of $77 billion and $1.7 billion in liquidations. $BTC fell below $115,000, $ETH tested $4,100, and XRP reached a two-month low.
Stronger US Dollar (DXY): The Dollar Index (DXY) showed a bullish reversal signal, reaching 97.65, which adds pressure to riskier assets like cryptocurrencies.