Crypto Sector Falls for Two Consecutive Days, DePIN Sector Leads Decline with Over 4% Drop

Odaily News According to SoSoValue data, the crypto market sector has declined for two consecutive days, with the DePIN sector leading the drop by 4.22% in the past 24 hours. Within the sector, Filecoin (FIL) fell by 8.55%, and Golem (GLM) dropped by 10.07%. Additionally, Bitcoin (BTC) fell by 0.74%, dropping to just above $95,000, while Ethereum (ETH) remained relatively resilient, declining by 0.21% and still hovering around $3,300.

In other sectors, the CeFi sector fell by 0.37% in the past 24 hours, but NEXO (NEXO) rose by 1.13%; the Layer1 sector declined by 1.32%, with TRON (TRX) surging by 2.30% during the session; the PayFi sector dropped by 2.11%, while Dash (DASH) bucked the trend and rose by 3.50%; the Layer2 sector fell by 2.52%, with Mantle (MNT) gaining 0.99%; the DeFi sector decreased by 2.59%, while River (RIVER) continued its significant rally, rising by 8.12%; the Meme sector declined by 2.93%, with MemeCore (M) increasing by 1.65%.

The crypto sector indices reflecting historical sector performance show that the ssiGameFi, ssiDePIN, and ssiSocialFi indices fell by 4.53%, 4.26%, and 3.20%, respectively.