Why is the crypto market down today?

The crypto market is down today, following a bearish performance from US equities markets and the increasing strength of the US dollar.

The total crypto market capitalization has dropped by approximately 1.5% in the last 24 hours to reach $2.3 trillion. The drop in market cap includes losses from Bitcoin BTC tickers down $67,787 and Ether BTC tickers down $67,787, which have fallen by around 1.6% and 2.8%, respectively.

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