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 extended its slide for a second straight session, with DePIN tokens leading losses. Data from SoSoValue shows the DePIN sector falling 4.22% over the past 24 hours, dragged down by sharp declines in Filecoin (FIL), down 8.55%, and Golem (GLM), which slid 10.07%. Bitcoin dipped 1.1% to slip to $95,000, while Ethereum remained relatively resilient, edging down just 0.7% and holding near $3,300. Most sectors traded lower, though select tokens bucked the trend, including TRON (TRX), Dash (DASH), River (RIVER), and MemeCore (M). Sector indices mirrored the weakness, with ssiGameFi, ssiDePIN, and ssiSocialFi dropping 4.53%, 4.26%, and 3.20%, respectively.
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