Cryptocurrency stocks fell across the board, with DePIN leading the decline at nearly 6%, and BTC falling below $86,000.

According to data from SoSoValue, the cryptocurrency market generally declined, with 24-hour drops typically ranging from 2% to 5%. The DePIN sector led the decline at 5.8%, with Filecoin (FIL) falling 6.29% and Render (RENDER) dropping 7.07%. Additionally, Bitcoin (BTC) fell 3.19%, breaking below $86,000, while Ethereum (ETH) fell 4.11%, breaking below $3,000.

In other sectors, the CeFi sector fell 3.02% in the last 24 hours, with Aster (ASTER) down 15.82%; the Layer 1 sector fell 3.34%, with Sui (SUI) down 8.35%; the Layer 2 sector fell 4.03% in the last 24 hours, with SOON (SOON) down 11.09%; the Meme sector fell 4.31%, with PIPPIN (PIPPIN) bucking the trend and rising 25.96%; the PayFi sector fell 4.81%, with Telcoin (TEL) down 8.85%; and the DeFi sector fell 4.93%, but MYX Finance (MYX) surged 9.96% intraday.

The crypto sector indices, which reflect the historical performance of the sector, show that the ssiAI, ssiDePIN, and ssiRWA indices fell by 7.05%, 6.80%, and 6.41%, respectively.