Crypto markets saw widespread declines, with BTC falling below $70,000 and ETH dropping over 4%.

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PANews reported on February 11th that, according to SoSoValue data, the cryptocurrency market experienced a broad decline after a brief rebound. Bitcoin (BTC) fell 1.93% in the past 24 hours, dropping below $70,000, while Ethereum (ETH) fell 4.51%, reaching the $2,000 mark. Meanwhile, DeFi fell 3.81%, but River (RIVER) rose for the second consecutive day, gaining another 29.23% in the past 24 hours.

In other sectors, the PayFi sector fell 2.12% in the last 24 hours, with Monero (XMR) showing relative resilience, rising 1.93%; the CeFi sector fell 2.46%, but Aster (ASTER) rose 6.35%; the Layer 2 sector fell 2.72%, with Starknet (STRK) falling 4.93%; the Layer 1 sector fell 2.95%, with Canton Network (CC) rising 0.58% intraday; and the Meme sector fell 2.96%, while PIPPIN (PIPPIN) surged 33.18%.

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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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