Crypto markets generally declined, with the AI sector leading the drop at over 6%, and BTC falling below $104,000.

According to data from SoSoValue, the crypto market is generally trending downwards, with the AI sector leading the decline at 6.33% in the past 24 hours. Within the sector, DeAgentAI (AIA), which had previously seen significant gains, fell 26.99%, while Fetch.ai (FET) and Fartcoin (FARTCOIN) dropped 11.06% and 11.62%, respectively. Additionally, Bitcoin (BTC) fell 2.61%, breaking below $104,000, and Ethereum (ETH) fell 3.71%, breaking below $3,500.

In other sectors, the CeFi sector fell 2.95% in the last 24 hours, with Aster (ASTER) showing relative resilience, rising 1.08%; the PayFi sector fell 4.62%, with Nano (XNO) bucking the trend and rising 24.80%; the Layer 1 sector fell 4.82%, with Zcash (ZEC) experiencing a significant pullback of 16.23%; the Meme sector fell 4.85%, with Pump.fun (PUMP) falling 9.20%; and the Layer 2 sector fell 5.38%, with SOON (SOON) surging 6.61% intraday.

The crypto sector indices, which reflect the historical performance of the sector, show that the ssiAI, ssiLayer2, and ssiDePIN indices fell by 9.37%, 7.54%, and 7.48%, respectively.