According to ME News, on January 19th (UTC+8), based on SoSoValue data, the entire cryptocurrency market experienced a pullback, with 24-hour declines generally ranging from 2% to 9%. The GameFi sector led the decline with an 8.58% drop. Within the sector, ImmutableX (IMX) fell 10.76%, while The Sandbox (SAND) and GALA fell 11.18% and 12.76% respectively. Additionally, Bitcoin (BTC) fell 2.89%, dropping below $93,000; Ethereum (ETH) fell 3.18%, dropping below $3,200.
In other sectors, the CeFi sector fell 2.71% in the last 24 hours, with Aster (ASTER) down 9.94%; the PayFi sector fell 4.20%, but Dash (Dash) bucked the trend and rose 10.32%; the Layer 1 sector fell 4.80%, with Sui (SUI) down 11.04%; the DeFi sector fell 5.97%, with Frax (FRAX) up 31.97%; the Layer 2 sector fell 6.70%, with River (RIVER), which had previously seen consecutive large gains, rising again by 26.40%; and the Meme sector fell 7.30%, with MemeCore (M) up 1.78%.
The crypto sector indices, reflecting historical performance, show that the ssiNFT, ssiDePIN, and ssiGameFi indices fell by 9.11%, 8.97%, and 8.84%, respectively. (Source: ME)
