The crypto sector has fallen for three consecutive days, with BTC briefly dropping below $60,000

According to SoSoValue data, the crypto market has fallen for three consecutive days. The Meme sector dropped 13.75% in 24 hours, with MemeCore (M) falling 67.51% and Pump.fun (PUMP) falling 10.90%; the NFT sector fell 9.99%, with Audiera (BEAT), which surged yesterday, falling 22.63%.

Meanwhile, Bitcoin (BTC) fell 3.36%, briefly dipping below $60,000 during the session; Ethereum (ETH) fell 3.35%, dropping to around $1,600.

In other sectors, the CeFi sector fell 2.33% in 24 hours, with NEXO (NEXO) dropping 3.59%; the PayFi sector fell 3.18%, with Dash (DASH) dropping 7.82%; the Layer1 sector fell 3.07%, though Gram (GRAM) bucked the trend with a 1.46% gain; the Layer2 sector fell 3.46%, but Optimism (OP) rose 3.83%.

Additionally, the DeFi sector performed strongly, rising 1.69%, with Hyperliquid (HYPE) up 2.04%, o1.exchange (O) up 35.42%, and LAB (LAB) up 19.60%.

The crypto sector indices, reflecting historical sector performance, show that the ssiSocialFi index rose 1.09%, the ssiDeFi index rose 0.25%, while the ssiMeme index fell 17.69%.