According to ChainCatcher and SoSoValue data, the cryptocurrency market has declined for three consecutive days. The SocialFi sector fell 4.65% in the last 24 hours, with Toncoin (TON) down 5.48%. Meanwhile, Bitcoin (BTC) fell 0.88% in the last 24 hours, briefly dipping below $69,000 before recovering to above $70,000. Ethereum (ETH) fell 1.94%, breaking below $2,200.
Only the GameFi sector performed well, rising 0.24% in the last 24 hours, with Axie Infinity (AXS) rising 3.84%. In other sectors, the PayFi sector fell 0.5% in the last 24 hours, but eCash (XEC) rose 2.55%; the Meme sector fell 1.15%, with PIPPIN (PIPPIN) surging 12.38% within the sector; the Layer 1 sector fell 1.31%, with Zcash (ZEC) falling 6.13%; the Layer 2 sector fell 1.43%, with Celestia (TIA) falling 3.08%; the CeFi sector fell 1.45%, with OKB (OKB) falling 3.15%; and the DeFi sector fell 1.49%, with Morpho Token (MORPHO) remaining relatively resilient, rising 2.15%.
The crypto sector indices, which reflect the historical performance of the sector, show that the ssiSocialFi, ssiDeFi, and ssiLayer1 indices fell by 4.89%, 1.62%, and 1.23%, respectively.
