Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The crypto market traded broadly lower over the past 24 hours, with risk-off sentiment weighing across most sectors. Bitcoin fell 1.24% to slip below $88,000, while Ethereum dropped 1.58% to below $3,000. Sector-wise, losses were led by sharp declines in high-volatility segments, while select tokens showed resilience. CeFi slipped 1.32% despite modest gains in CRO and BGB, PayFi fell 2.11% with SafePal edging higher, and Layer 1 and Layer 2 sectors dropped 2.46% and 4.10%, respectively. Market-wide sector indices also weakened, with SocialFi, NFT, and RWA indices posting notable declines, reflecting continued pressure across speculative corners of the market.
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