The cryptocurrency market experienced a broad correction, with the PayFi sector declining by 3.78% over the past 24 hours. Notably, XRP fell by 4.37%, while DASH and ULTIMA bucked the trend, each rising over 3%. Bitcoin and Ethereum also saw declines, with BTC dropping below $93,000 and ETH falling under $3,200. In other sectors, CeFi decreased by 1.96%, although OKB managed a 1.91% gain. Layer1 assets fell 2.24%, despite TRX and ZEC increasing by 2.43% and 10.02%, respectively. Layer2 saw a 3.01% drop, with MERL surging nearly 10%. Meme coins and DeFi sectors also faced declines, dropping 3.09% and 3.41%, respectively, although MYX rose over 7%.