Crypto Market Sees Broad Decline, RWA Sector Leads Losses Down Over 6%

Odaily News: On October 15, according to SoSoValue data, influenced by factors including the U.S. September CPI exceeding expectations, the crypto market experienced a broad decline across all sectors, with the RWA sector leading the drop at 6.33%. Within the sector, Maple Finance (SYRUP) fell 10.24%, while Ondo Finance (ONDO) and Sky (SKY) dropped 6.22% and 7.80% respectively. Meanwhile, Bitcoin (BTC) declined 1.93%, falling below $82,000; Ethereum (ETH) dropped 3.61%, sliding to around $2,400.

In other sectors, the CeFi sector fell 1.74% over 24 hours, with Cronos (CRO) down 3.54%; the Layer1 sector declined 2.88%, with Zcash (ZEC) down 10.61%; the DeFi sector dropped 3.63%, but Pyth Network (PYTH) bucked the trend with an 8.91% gain; the Meme sector fell 3.73%, with Pump.fun (PUMP) down 8.05%; the PayFi sector declined 4.10%, with Safe (SAFE) down 15.41%; the Layer2 sector dropped 4.42%, with Optimism (OP) down 11.41%.

Crypto sector indices reflecting historical sector performance show that the ssiDePIN, ssiRWA, and ssiLayer2 indices fell 6.72%, 6.36%, and 4.76% respectively.