Data: The crypto market has fallen for two consecutive days, with Layer 2 stocks dropping over 6%, and BTC falling below $71,000 intraday.

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MarsBit
03-19
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According to Mars Finance and data from SoSoValue, the cryptocurrency market has declined for two consecutive days, with Layer 2 cryptocurrencies leading the decline, falling 6.09% in the last 24 hours. Mantle (MNT) fell 7.36%, while Optimism (OP) and zkSync (ZK) fell 7.73% and 8.19% respectively. Additionally, Bitcoin (BTC) fell 4.05%, briefly dipping below $71,000; Ethereum (ETH) fell 5.54%, dropping to around $2,200. In other sectors, the CeFi sector fell 2.58% in the last 24 hours, with Aster (ASTER) down 7.22%; the Layer 1 sector fell 3.22%, but Kaspa (KAS) bucked the trend, rising 9.07%; the PayFi sector fell 3.6%, with Dash (DASH) down 7.72%; the DeFi sector fell 3.94%, but River (RIVER) surged 15.32% intraday; the Meme sector fell 4.79%, while Siren (SIREN) remained relatively strong, rising sharply by 13.64%. Crypto sector indices reflecting historical performance show that the ssiLayer2, ssiAI, and ssiMeme indices fell 5.97%, 5.23%, and 4.92%, respectively.

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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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