The crypto market fell across the board, with Meme and DeFi sectors both falling by more than 3%, while ETH remained relatively strong
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Planet Daily News: According to SoSoValue data, the crypto market has been declining for two consecutive days. The meme and DeFi sectors dropped 3.59% and 3.72% in 24 hours, respectively. In the meme sector, Bonk (BONK), dogwifhat (WIF), and Fartcoin (FARTCOIN) fell by 7.42%, 9.65%, and 10.62%, while SPX6900 (SPX) rose 3.35% against the trend. In the DeFi sector, Chainlink (LINK), Uniswap (UNI), and Ethena (ENA) declined by 4.03%, 5.93%, and 9.97%. Additionally, Ethereum (ETH) remained relatively stable, dropping 0.28% in 24 hours and oscillating narrowly around $2,600. Bitcoin (BTC) fell 0.91%, retracing to $104,000. In other sectors, the CeFi sector dropped 0.58%, with Hyperliquid (HYPE) falling 3.29%; the Layer1 sector declined 1.93%, but TRON (TRX) rose 1.26%; the PayFi sector dropped 2.63%, with Keeta (KTA) rising 3.62% against the trend; the AI sector fell 3.54%, with Bittensor (TAO), Worldcoin (WLD), and Virtuals Protocol (VIRTUAL) declining 2.85%, 5.33%, and 7.22%, respectively; the Layer2 sector dropped 3.58%, with Optimism (OP) falling 5.79%. The crypto sector index reflecting historical market performance showed that ssiAI, ssiDeFi, and ssiRWA indices dropped 4.93%, 4.28%, and 4.24% in 24 hours.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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