The cryptocurrency market is experiencing a correction, with Bitcoin (BTC) dropping 1.97% to fall below $68,000 and Ethereum (ETH) declining 2.83% to under $2,000, according to SoSoValue data. Despite the downturn, the NFT, SocialFi, and Layer2 sectors have shown resilience, posting gains of 1.40%, 0.53%, and 0.04% respectively over the past 24 hours.
In the NFT sector, ApeCoin (APE) increased by 1.30%, while Toncoin (TON) in the SocialFi sector rose 0.68%. The Layer2 sector saw zkSync (ZK) surge 4.38%. Meanwhile, the Meme sector fell 0.29%, but PIPPIN (PIPPIN) surged 33.94%. The Layer1 sector declined 1.35%, with Zcash (ZEC) rising 2.41%. The CeFi sector dropped 1.46%, though Aster (ASTER) rallied 8.90% intraday. The DeFi sector fell 1.71%, with Hyperliquid (HYPE) rising 4.08%, and the PayFi sector declined 1.88%, with eCash (XEC) up 4.11%.
Crypto Market Correction: Bitcoin Falls Below $68,000, NFT and Layer2 Sectors Show Resilience
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
