The cryptocurrency market has experienced a two-day decline, with the DePIN sector leading the downturn, falling 4.22% in the past 24 hours, according to SoSoValue data. Notable losses within the sector include Filecoin (FIL), which dropped 8.55%, and Golem (GLM), which fell 10.07%. Bitcoin (BTC) also declined by 0.74%, slipping below $95,000, while Ethereum (ETH) remained relatively stable, decreasing by only 0.21% to hover around $3,300.
Other sectors also faced declines, with the CeFi sector down 0.37%, although NEXO (NEXO) rose 1.13%. The Layer1 sector fell 1.32%, despite TRON (TRX) surging 2.30%. The PayFi sector dropped 2.11%, but Dash (DASH) rose 3.50%. The Layer2 sector decreased by 2.52%, with Mantle (MNT) gaining 0.99%. The DeFi sector saw a 2.59% decline, though River (RIVER) surged 8.12%. The Meme sector fell 2.93%, while MemeCore (M) increased by 1.65%. Historical performance indices for ssiGameFi, ssiDePIN, and ssiSocialFi also showed declines of 4.53%, 4.26%, and 3.20%, respectively.
Crypto Market Sees Two-Day Decline, DePIN Sector Leads Losses
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