Cryptocurrency Market Continues to Pull Back, BTC Falls Below $68,000, Only NFT, Layer2, and SocialFi Sectors Remain Relatively Resilient

According to SoSoValue data, the overall cryptocurrency market is trending downward. Bitcoin (BTC) fell by 1.97%, dropping below $68,000; Ethereum (ETH) fell by 2.83%, dropping below $2,000. Only the NFT, SocialFi, and Layer2 sectors remained relatively resilient, rising by 1.40%, 0.53%, and 0.04% respectively over the past 24 hours. Within the NFT sector, ApeCoin (APE) rose by 1.30%; within the SocialFi sector, Toncoin (TON) rose by 0.68%; and within the Layer2 sector, zkSync (ZK) rose by 4.38%.

In other sectors, the Meme sector fell by 0.29% over 24 hours, but PIPPIN (PIPPIN) surged significantly by 33.94%; the Layer1 sector fell by 1.35%, with Zcash (ZEC) remaining relatively resilient, rising by 2.41%; the CeFi sector fell by 1.46%, with Aster (ASTER) experiencing an intraday rally of 8.90%; the DeFi sector fell by 1.71%, with Hyperliquid (HYPE) bucking the trend and rising by 4.08%; the PayFi sector fell by 1.88%, with eCash (XEC) rising by 4.11%.

The cryptocurrency sector indices reflecting historical sector performance show that the ssiDeFi, ssiRWA, and ssiNFT indices rose by 1.63%, 1.55%, and 1.42% respectively.