The crypto market generally fell back, only PayFi and CeFi sectors remained relatively strong

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Foresight News reports that according to SoSoValue data, the crypto market sector generally pulled back, with BTC falling 1.47% in 24 hours, retreating to around $102,000. ETH has been declining for three consecutive days, dropping 2.22% in 24 hours and falling below $2,500. Additionally, PayFi and CeFi sectors remained relatively strong, rising 3.30% and 0.04% respectively, with XRP rising 3.56% in the PayFi sector. In the CeFi sector, LEO Token rose 3.70%. The crypto sector index reflecting historical market trends showed that ssiPayFi rose 3.43% in 24 hours, while ssiCeFi fell 0.17%, with weekly returns of 14.39% and 8.85% respectively.

In other sectors, Layer1 fell 1.37% in 24 hours, Non-Fungible Token sector dropped 1.98%, though Moca Coin bucked the trend with a 3.59% rise; DeFi sector declined 3.27%, with Ethena falling 11.79% after previous gains; Layer2 sector dropped 3.44%, and meme sector fell 4.15%, but dogwifhat remained strong, surging 9.58% intraday.

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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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