The cryptocurrency market experienced a significant correction on March 27, driven by renewed negotiation stalemates that sparked investor panic. According to SoSoValue data, the AI sector was hit hardest, declining 7.96% in 24 hours. Notably, Siren (SIREN) plummeted 29.88%, while Worldcoin (WLD) and Kite (KITE) fell 8.81% and 16.60%, respectively.
Bitcoin (BTC) also faced pressure, dropping 3.17% to fall below the $69,000 mark. Ethereum (ETH) saw a 4.21% decline, slipping under $2,100. Other sectors also faced downturns, with the CeFi sector down 2.20% and the PayFi sector falling 2.88%. However, some assets bucked the trend, such as Aster (ASTER) rising 1.35% and OpenLedger (OPEN) gaining 8% intraday. The ssiSocialFi, ssiAI, and ssiMeme indices reflected these declines, dropping by 5.25%, 5.11%, and 4.17%, respectively.
Crypto Market Faces Broad Correction; AI Sector Drops 7.96%
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