The cryptocurrency market experienced a downturn, with the Layer2 sector declining by 3.59%. Notable losses included TIA and MNT, which fell by 4.83% and 5.67% respectively. In contrast, MOVE rose by 8.16%, defying the broader market trend. Bitcoin (BTC) decreased by 1.36%, briefly dipping below $88,000 before recovering to $89,000. Ethereum (ETH) also saw a slight decline of 0.31%, trading between $3,000 and $3,100. The market's cautious sentiment is likely reflected in the fear and greed index, as Layer1, CeFi, and DeFi sectors also posted losses. However, smaller tokens such as TRX, CC, and MYX managed to gain amid the overall market decline.