Crypto Market Falls for Three Consecutive Days, BTC Losses Narrow, Only AI and GameFi Sectors Remain Relatively Resilient

According to SoSoValue data, the crypto market sectors have fallen for three consecutive days. The SocialFi sector dropped 4.65% in 24 hours, with Toncoin (TON) within the sector falling 5.48%. Meanwhile, Bitcoin (BTC) fell 0.88% in 24 hours, briefly dipping below $69,000 during the session. Losses have since narrowed, with the price recovering above $70,000. Ethereum (ETH) fell 1.94%, breaking below $2,200. Only the GameFi sector showed notable performance, rising 0.24% in 24 hours, with Axie Infinity (AXS) within the sector rising 3.84%.

In other sectors, the PayFi sector fell 0.50% in 24 hours, but eCash (XEC) rose 2.55%. The Meme sector fell 1.15%, with PIPPIN (PIPPIN) within the sector surging 12.38%. The Layer1 sector fell 1.31%, with Zcash (ZEC) down 6.13%. The Layer2 sector fell 1.43%, with Celestia (TIA) down 3.08%. The CeFi sector fell 1.45%, with OKB (OKB) down 3.15%. The DeFi sector fell 1.49%, with Morpho Token (MORPHO) remaining relatively resilient, rising 2.15%.

The crypto sector indices reflecting historical sector performance show that the ssiSocialFi, ssiDeFi, and ssiLayer1 indices fell by 4.89%, 1.62%, and 1.23%, respectively.