The global cryptocurrency market has experienced a 2.8% decline in the past 24 hours, with subdued trading activity. Bitcoin (BTC) is down 1.3% and trading at $93,652, while Ethereum (ETH) has gained 0.8% and is priced at $3,414. XRP has shown a significant 5.1% decline, but has had a strong year-to-date return on investment of 233.65%. The DXY, a measure of the US dollar's strength, experienced a notable spike during Federal Reserve Chair Jerome Powell's remarks that indicated interest rates could remain higher for longer in 2025. This increased the dollar's appeal as a safe haven.



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