Crypto markets retreated after a recent rally, led by weakness in meme tokens. The Meme sector fell 4.19% over the past 24 hours, with OFFICIAL TRUMP dropping 10.55%, Fartcoin losing 10.44%, and Pump.fun declining 12.40%.
Bitcoin slipped 0.44% to trade below $78,000, while Ethereum fell 1.61% and dropped under $2,500. Elsewhere, Layer 2 edged down 0.04%, with Polygon falling 7.98% as Mantle gained 5.84%. CeFi lost 1.71%, Layer 1 declined 1.97%, PayFi fell 2.10%, and DeFi dropped 2.26%, though Uniswap rose 9.31% and Monero gained 4.54% intraday.
Sector indices also weakened, with ssiMeme down 4.42%, ssiAI falling 3.29%, and ssiNFT losing 3.12%, reflecting broad pressure across higher-beta segments of the crypto market.
Crypto Market Pulls Back as Meme Tokens Slide Over 4%, Bitcoin Falls Below $78,000
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