The cryptocurrency market experienced a downturn on January 9, with the Real World Asset (RWA) sector leading the decline, falling 4.85% in the last 24 hours. Notable drops within the sector included Pendle (PENDLE) at 4.33%, Ondo Finance (ONDO) at 4.61%, and Sky (SKY) at 6.64%. Bitcoin (BTC) also saw a decrease, slipping 0.37% to fall below the $91,000 mark, while Ethereum (ETH) declined 2.26% to approximately $3,100.
Other sectors also faced declines, with the AI sector down 0.49%, although PIPPIN (PIPPIN) rose 23.59%. The Layer1 sector fell 1.16%, but Solana (SOL) increased by 1.03%. The CeFi sector dropped 1.43%, while MX (MX) rose slightly by 0.61%. The Layer2 sector decreased by 1.79%, with Polygon (POL) surging 6.82%. The PayFi sector declined 2.41%, with Ultima (ULTIMA) rising 7.74%. The DeFi sector dropped 2.71%, and Hyperliquid (HYPE) fell 4.84%. The Meme sector declined 3.55%, with Pepe (PEPE) falling 8.36%.
RWA Sector Leads Crypto Market Decline, Bitcoin Falls Below $91,000
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