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.
Crypto markets slid broadly over the past 24 hours, with total market capitalization down more than 3% as selling pressure intensified across major sectors. Bitcoin (BTC) fell 4%, briefly dipping below $88,000 before stabilizing near $89,000, while Ethereum (ETH) underperformed, sliding 7.06% to break below the $3,000 level. The centralized finance (CeFi) sector led losses, dropping 5.06%, according to SoSoValue. Binance Coin (BNB) declined 5.43%, OKB fell 4.99%, and Aster (ASTER) lost 5.30%, though MX edged up 0.38%. Weakness extended to DeFi, Layer 1, Layer 2, Meme, and RWA sectors, even as select tokens including River (RIVER), Keeta (KTA), and Canton Network (CC) posted notable gains amid the broader risk-off mood.
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