ChainCatcher news, according to SoSoValue data, the cryptocurrency market has declined across the board, with the Layer2 sector leading the drop at 3.59%. Celestia (TIA) fell by 4.83%, Mantle (MNT) dropped 5.67%, but Movement (MOVE) rose against the trend by 8.16%.
Additionally, Bitcoin (BTC) fell by 1.36%, briefly dropping below $88,000, and has now rebounded above $89,000. Ethereum (ETH) decreased by 0.31%, falling to $3,000 before bouncing back above $3,100.
In other sectors, the Layer1 sector dropped by 1.25% in the last 24 hours, but TRON (TRX) rose by 2.38%; the CeFi sector declined by 1.37%, with Canton Network (CC) relatively strong, rising by 1.64%; the PayFi sector fell by 1.52%, while Trust Wallet (TWT) surged to a high of 1.84% during the session; the Meme sector decreased by 2.00%, but PIPPIN (PIPPIN) increased by 2.21%; the DeFi sector dropped by 2.39%, with MYX Finance (MYX) rising against the trend by 3.67%.
The crypto sector index reflecting the historical market trends of the sector shows that the ssiLayer1, ssiCeFi, and ssiLayer2 indices decreased by 0.75%, 1.33%, and 3.93%, respectively.
