According to SoSoValue data, all sectors of the crypto market fell across the board, with 24-hour declines ranging from 2% to 9%. SocialFi led the decline, with a 9.15% drop. Within the sector, Toncoin (TON) fell 7.03%, but Galxe (GAL) bucked the trend with a 4.46% gain. Furthermore, Bitcoin (BTC) fell 1.92%, falling below $113,000, and Ethereum (ETH) dropped 3.78%, falling below $4,200.

In other sectors, the Layer 2 sector fell 2.99% in 24 hours. Within the sector, Mantle (MNT) rose against the trend by 11.12%; within the sector, the PayFi sector fell 3.16%, and Litecoin (LTC) fell 5.08%; the CeFi sector fell 4.47%, and Hyperliquid (HYPE) fell 7.25%; the Layer 1 sector fell 4.99%, and Avalanche (AVAX) was relatively strong, rising 4.87%; the Meme sector fell 5.12%, and MemeCore (M) rose 6.88% during the session; the DeFi sector fell 5.40%, but Aster (ASTER) rose 3.26%.

The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiSocialFi, ssiGameFi, and ssiNFT indices fell by 9.47%, 7.22%, and 6.44%, respectively.