The crypto market experienced a general correction, with the NFT sector leading the decline, falling by over 9%, and BTC dropping below $88,000.

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According to data from Odaily, the cryptocurrency market as a whole is experiencing a continued correction, with most stocks falling between 2% and 9% in the past 24 hours. Specifically, the NFT sector fell 9.46%, with Pudgy Penguins (PENGU) dropping 4.66%. Audiera (BEAT), which had previously seen significant gains, experienced a correction, falling 41.28%, while APENFT (NFT) still rose 3.66%. Additionally, Bitcoin (BTC) fell 1.12%, dropping below $88,000; Ethereum (ETH) fell 2.01%, remaining around $3,000.

In other sectors, the PayFi sector fell 1.64% in the last 24 hours, with Telcoin (TEL) rising 2.23% within the sector; the AI ​​sector fell 1.68%, with OriginTrail (TRAC) showing relative resilience, rising 3.89%; the CeFi sector fell 1.78%, with Canton Network (CC) surging 6.14% intraday; the Layer 1 sector fell 1.86%, with Zcash (ZEC) falling 3.16%; the DeFi sector fell 2.22%, with Uniswap (UNI) falling 4.14%; the Meme sector fell 2.25%, with PIPPIN (PIPPIN) bucking the trend and rising 31.03%; and the Layer 2 sector fell 2.30%, with ImmutableX (IMX) rising 2.63%.

The crypto sector indices, which reflect the historical performance of the sector, show that the ssiAI, ssiLayer2, and ssiDeFi indices fell by 3.13%, 2.66%, and 2.38%, 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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