The crypto market saw a broad decline, with BTC falling below $74,000, while only the DeFi sector remained relatively resilient.
According to SoSoValue data, the crypto market sectors experienced a broad decline. The NFT sector fell 4.68% in 24 hours, with Pudgy Penguins (PENGU) dropping 4.46% and Audiera (BEAT) falling 14.38%. Meanwhile, Bitcoin (BTC) dropped 1.21% in 24 hours, falling below $74,000; Ethereum (ETH) fell 0.79%, briefly dipping below $2,000.
Only the DeFi sector bucked the trend, rising 0.35% in 24 hours, with Hyperliquid (HYPE) up 6.79% and Dexe (DEXE) up 5.53%.
In other sectors, the PayFi sector was flat over 24 hours, with Stellar (XLM) rising 13.35%; the Layer1 sector fell 0.80%, but Algorand (ALGO) was up 7.72%; the Meme sector fell 1.02%, with Pump.fun (PUMP) down 5.06%; the Layer2 sector fell 1.12%, with Stacks (STX) relatively resilient, up 1.84%; the CeFi sector fell 1.25%, with OKB (OKB) briefly surging 1.45% during the session.
The crypto sector indices reflecting historical sector performance show that the ssiDeFi and ssiPayFi indices rose 1.44% and 0.65% respectively, while the ssiAI index fell 9.50%.
