The crypto market sees a broad decline, with the RWA sector leading the drop at over 6.5%, and BTC falling below $75,000

According to SoSoValue data on May 28th, after several days of consolidation, the crypto market experienced a broad decline. The RWA sector led the drop over the past 24 hours, falling 6.57%. Within the sector, Keeta (KTA) and Pendle (PENDLE) fell 11.88% and 13.36%, respectively. Meanwhile, Bitcoin (BTC) dropped 2.13%, falling below $75,000; Ethereum (ETH) fell 2.61%, dropping to near $2,000.

Looking at other sectors, the PayFi sector fell 0.86% over the past 24 hours, with Stellar (XLM) bucking the trend by rising 17.04%. The CeFi sector fell 1.54%, with NEXO (NEXO) showing relative strength, rising 0.73%. The Meme sector fell 1.87%, with SPX6900 (SPX) down 5.87%. The Layer1 sector fell 2.27%, with Zcash (ZEC) down 6.47%. The Layer2 sector fell 2.98%, with Celestia (TIA) down 6.04%. The DeFi sector fell 3.29%, with Ondo Finance (ONDO) down 7.45%.

The crypto sector index, reflecting historical sector performance, shows that the ssiAI, ssiRWA, and ssiDePIN indices fell 13.88%, 12.05%, and 9.77%, respectively.