Cryptocurrency markets retreated across all sectors after U.S. September CPI data exceeded expectations, with the Real World Assets (RWA) sector leading losses at 6.33%. Maple Finance (SYRUP) fell 10.24%, while Sky (SKY) and Ondo Finance (ONDO) dropped 7.80% and 6.22%, respectively. Bitcoin declined 1.93% to slip below $82,000, and Ethereum fell 3.61% to trade near $2,400.
Layer 2 and PayFi tokens also faced significant selling pressure, dropping 4.42% and 4.10%, respectively. Optimism (OP) tumbled 11.41% and Safe (SAFE) plunged 15.41%, while Zcash (ZEC) fell 10.61% amid a broader 2.88% decline in Layer 1 assets. The DeFi sector decreased 3.63%, though Pyth Network (PYTH) bucked the trend with an 8.91% gain. Meme coins and CeFi tokens also posted losses of 3.73% and 1.74%.
Crypto Market Slides as RWA Sector Leads 6% Drop Following Hot US CPI Data
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