Crypto market sectors fell across the board, BTC fell below $80,000, and Ethereum fell more than 7%

Odaily News On February 28, according to SoSoValue data, the crypto market sector index generally fell, with a 24-hour decline of about 2% to 8%. Among them, Ethereum (ETH) fell 7.02%, falling below $2,200, and Bitcoin (BTC) fell 5.25%, once falling below $80,000.
In terms of other sectors, the CeFi sector fell 3.92% in 24 hours, the Layer1 sector fell 5.51%, the PayFi sector fell 5.99%, and the Layer2 sector fell 6.25%. It is worth noting that although the AI sector fell 7.59%, Golem (GLM) and MyShell (SHELL) within the sector rose against the trend by 4.43% and 16.21% respectively.
The crypto sector index, which reflects the historical market trends of the sector, shows that the sectors with the largest declines in 24 hours are ssiAI, ssiDeFi and ssiSocialFi indexes, which fell by 7.63%, 7.26% and 6.64% respectively. In addition, the weekly return rate of the ssiPayFi index has reached -18.95%.