According to data from SoSoValue, the cryptocurrency market has fallen for three consecutive days, with most cryptocurrencies experiencing a 24-hour decline of 2% to 10%. Bitcoin (BTC) fell 5.36%, briefly dipping below $99,000 before recovering to above $101,000. Ethereum (ETH) fell 10.32%, briefly dropping to around $3,000 before rebounding above $3,200.

In other sectors, the Layer 2 sector fell 2.64% in the last 24 hours, with zkSync (ZK) surging 12.05% intraday; the DeFi sector fell 4.22%, but the Sui ecosystem token MMT, launched yesterday, continued to rise, gaining 1902.70% in the last 24 hours; the Meme sector fell 4.99%, with MemeCore (M) remaining relatively strong, rising 3.22%; the CeFi sector fell 5.96%, with Aster (ASTER) and Bitget token (BGB) rising 8.47% and 10.78% respectively; the PayFi sector fell 5.96%, the Layer 1 sector fell 5.98%, with Internet Computer (ICP) bucking the trend and rising 15.06%; the AI sector fell 6.47%, with DeAgentAI (AIA) surging 136.80%.

The crypto sector indices, which reflect the historical performance of the sector, show that the ssiLayer1, ssiAI, and ssiNFT indices fell by 9.07%, 9.00%, and 8.05%, respectively.