Crypto market sees broad decline, with RWA sector leading losses down over 6.5%, BTC falls below $75,000

Odaily Planet Daily News, May 28. According to SoSoValue data, the crypto market experienced a broad decline after several consecutive days of consolidation. The RWA sector led the losses, dropping 6.57% in 24 hours. Within the sector, Keeta (KTA) and Pendle (PENDLE) fell 11.88% and 13.36%, respectively. Meanwhile, Bitcoin (BTC) fell 2.13%, dropping below $75,000; Ethereum (ETH) fell 2.61%, declining to around $2,000.

In other sectors, the PayFi sector fell 0.86% in 24 hours, with Stellar (XLM) bucking the trend and rising 17.04%. The CeFi sector fell 1.54%, with NEXO (NEXO) holding relatively firm, up 0.73%. The Meme sector fell 1.87%, with SPX6900 (SPX) down 5.87%. The Layer1 sector fell 2.27%, with Zcash (ZEC) dropping 6.47%. The Layer2 sector fell 2.98%, with Celestia (TIA) down 6.04%. The DeFi sector fell 3.29%, with Ondo Finance (ONDO) dropping 7.45%.

Reflecting historical sector performance, the crypto sector indices show ssiAI, ssiRWA, and ssiDePIN indices fell 13.88%, 12.05%, and 9.77%, respectively.