Crypto market sees broad decline, Layer2 sector drops over 3%, BTC falls below $59,000
Odaily Planet Daily News, July 1st. According to SoSoValue data, the crypto sector is broadly declining, with the Layer2 sector falling 3.57% in 24 hours. Among them, Mantle (MNT) dropped 4.97%, Starknet (STRK) fell 4.93%, and Celestia (TIA) decreased 9.54%. Meanwhile, Bitcoin (BTC) declined 1.89%, falling below $59,000; Ethereum (ETH) dropped 0.98%, falling below $1,600.
In other sectors, the PayFi sector fell 0.29% in 24 hours, but Stellar (XLM) rose 11.00%; the CeFi sector dropped 0.87%, with Binance Coin (BNB) decreasing 1.19%; the Meme sector fell 1.05%, while MemeCore (M) bucked the trend and surged 22.60%; the Layer1 sector declined 1.41%, with Cardano (ADA) remaining relatively resilient, rising 1.32%; the DeFi sector dropped 2.79%, with LAB (LAB) falling 14.83%.
Additionally, the SocialFi and NFT sectors were relatively strong, rising 0.50% and 0.54% respectively. Within the SocialFi sector, Gram (GRAM) increased by 1.01%; within the NFT sector, Audiera (BEAT) rose by 7.87%.
The crypto sector indices, reflecting historical sector performance, show that the ssiDePIN, ssiLayer2, and ssiRWA indices fell by 5.11%, 4.80%, and 2.56% respectively.
