The crypto market has declined for two consecutive days, Layer2 sector dropped over 6%, and BTC fell below $71,000 during trading.
Foresight News reports, according to SoSoValue data, the cryptocurrency market sectors have declined for two consecutive days, with the Layer2 sector leading the downturn, dropping 6.09% in the past 24 hours. Among them, Mantle (MNT) fell 7.36%, Optimism (OP) and zkSync (ZK) dropped 7.73% and 8.19% respectively. In addition, Bitcoin (BTC) fell 4.05%, briefly dropping below $71,000 during trading; Ethereum (ETH) fell 5.54%, reaching near $2,200.
In other sectors, the CeFi sector fell 2.58% in 24 hours, with Aster (ASTER) down 7.22%; the Layer1 sector dropped 3.22%, but Kaspa (KAS) bucked the trend and rose 9.07%; the PayFi sector fell 3.60%, Dash (DASH) dropped 7.72%; the DeFi sector declined 3.94%, but River (RIVER) surged 15.32% during trading; the Meme sector fell 4.79%, while Siren (SIREN) remained relatively strong, soaring 13.64%. The crypto sector indices reflecting historical market trends show that the ssiLayer2, ssiAI, and ssiMeme indices dropped 5.97%, 5.23%, and 4.92% respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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