The cryptocurrency market experienced a general decline, with Bitcoin (BTC) dropping 1.21% to fall below $74,000. Ethereum (ETH) also saw a decrease of 0.79%, briefly dipping below $2,000. The NFT sector was notably affected, with a 4.68% drop, including a 4.46% decline in Pudgy Penguins (PENGU) and a 14.38% fall in Audiera (BEAT).
In contrast, the DeFi sector showed resilience, gaining 0.35% over the past 24 hours. Notable performers included Hyperliquid (HYPE), which rose 6.79%, and Dexe (DEXE), up 5.53%. Other sectors showed mixed results, with Stellar (XLM) in the PayFi sector rising 13.35%, and Algorand (ALGO) in the Layer 1 sector increasing by 7.72%.
Crypto Market Declines as BTC Falls Below $74,000; DeFi Sector Resilient
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