Data: The crypto market is broadly down, with the Layer2 sector leading the decline by nearly 8%. BTC falls below $88,000.
ChainCatcher News, according to SoSoValue data, the overall crypto market is experiencing a general decline, with 24-hour drops ranging from approximately 3% to 8%. The Layer2 sector is leading the decline with a 7.72% drop. Within the sector, Starknet (STRK) fell by 13.13%, and zkSync (ZK) dropped by 10.99%. In addition, Bitcoin (BTC) fell by 3.91%, dropping below $88,000; Ethereum (ETH) fell by 5.17%, dropping below $2,900.
In other sectors, the CeFi sector fell by 3.90% over 24 hours. Within the sector, HashKey Platform Token (HSK) remained relatively resilient, rising by 1.35%. In terms of news, HSK has passed the Hong Kong Stock Exchange hearing and plans to go public in Hong Kong. The PayFi sector dropped by 4.85%, but Monero (XMR) rose by 3.55%. The Layer1 sector fell by 5.31%, with Zcash (ZEC) dropping by 17.38%. The Meme sector dropped by 5.44%, while MemeCore (M) bucked the trend and rose by 7.15%. The DeFi sector fell by 6.40%, with MYX Finance (MYX) surging by 8.21% during trading. The AI sector fell by 6.84%, but SoSoValue (SOSO) rose by 8.43% within the sector.
The crypto sector indices reflecting historical sector performance show that the ssiAI, ssiDePIN, and ssiGameFi indices fell by 8.23%, 8.22%, and 7.67% respectively.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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