The cryptocurrency market experienced a broad decline, with Bitcoin (BTC) falling 1.63% to briefly trade below $66,000. Ethereum (ETH) also saw a decrease of 1.15%, dropping below the $2,000 mark. In contrast, the SocialFi sector showed resilience, rising 0.53% over the past 24 hours, led by Chiliz (CHZ), which surged 6.3%.
Layer2 was the hardest hit, declining 1.85%, with Mantle (MNT) down 3.61%. PayFi fell 1.17%, although Trust Wallet (TWT) gained 1.91%. CeFi dropped 0.87%, but Aster (ASTER) edged up 0.15%. Meme tokens decreased by 0.69%, yet Siren (SIREN) bucked the trend with a 10.8% increase. Layer1 and DeFi sectors also saw declines of 0.67% and 0.6%, respectively, though Polkadot (DOT) and Morpho Token (MORPHO) posted gains of 1.66% and 3.12% intraday. The ssiRWA and ssiSocialFi indices rose 1.8% and 1.35%, while the ssiAI index fell 2.47%.
Crypto Market Declines as Bitcoin Dips Below $66,000; SocialFi Sector Resilient
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