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 cryptocurrency market remained under pressure over the past 24 hours, extending its broader downtrend even as losses narrowed slightly. Ethereum led the decline among major assets, falling more than 7% and slipping below the $2,300 level, while Bitcoin shed over 3% to briefly trade under $75,000. Most market sectors posted losses, reflecting weak risk appetite across the board. Layer 2, Layer 1, DeFi, CeFi, Meme, and PayFi sectors all declined, though select tokens such as zkSync, MYX Finance, and Ultima recorded notable gains against the trend. In contrast, SocialFi emerged as the most resilient segment, posting modest gains and standing out as the only sector to remain in positive territory amid the broader market sell-off.
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