Crypto sector falls for two consecutive days, DePIN sector leads decline with over 4% drop

According to SoSoValue data, the cryptocurrency market sector has declined for two consecutive days, with the DePIN sector leading the drop by 4.22% in the past 24 hours. Within the sector, Filecoin (FIL) fell by 8.55%, and Golem (GLM) dropped by 10.07%. Additionally, Bitcoin (BTC) decreased by 0.74%, falling to just above $95,000, while Ethereum (ETH) remained relatively resilient, declining by 0.21% and still hovering around $3,300.

In other sectors, the CeFi sector fell by 0.37% in the past 24 hours, but NEXO (NEXO) rose by 1.13%; the Layer1 sector dropped by 1.32%, while TRON (TRX) surged by 2.30% during the session; the PayFi sector declined by 2.11%, with Dash (DASH) bucking the trend to rise by 3.50%; the Layer2 sector fell by 2.52%, while Mantle (MNT) increased by 0.99%; the DeFi sector dropped by 2.59%, yet River (RIVER) still saw a significant gain of 8.12%; the Meme sector decreased by 2.93%, while MemeCore (M) rose by 1.65%.

The crypto sector indices reflecting historical sector performance show that the ssiGameFi, ssiDePIN, and ssiSocialFi indices fell by 4.53%, 4.26%, and 3.20%, respectively.