According to data from SoSoValue, the crypto market is generally trending downwards. The RWA sector led the decline, falling 3.92% in the last 24 hours, with Ondo Finance (ONDO) down 2.76% and Pendle (PENDLE) down 3.12%. Meanwhile, Bitcoin (BTC) fell 1.92%, briefly dipping below $74,000; Ethereum (ETH) fell 1.3%, dropping below $2,300. In other sectors, the DeFi sector fell 0.39% in the last 24 hours, but River (RIVER) rose 12.22%; the Layer 1 sector fell 0.53%, with Kaspa (KAS) relatively strong, rising 9.87%; the Meme sector fell 1.02%, while Siren (SIREN) bucked the trend, rising 29.79%; the CeFi sector fell 1.77%, with Cronos (CRO) falling 3.19%; the Layer 2 sector fell 2.14%, with zkSync (ZK) rising 2.16% intraday; and the PayFi sector fell 2.63%, with XRP falling 3.51%.
Data: The crypto market generally saw a pullback, with BTC falling below $74,000 intraday; only the SocialFi sector remained relatively resilient.
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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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