
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 broader crypto market extended its decline over the past 24 hours, with the AI sector plunging 6.33% to lead the losses, according to SoSoValue data. DeAgentAI (AIA) tumbled nearly 27% after its recent rally, while FET and Fartcoin dropped over 11% each. Bitcoin slid 2.61% to trade below $104,000, and Ethereum lost 3.71%, slipping under $3,500. Other sectors also saw notable weakness, Layer 1 tokens fell 4.82%, Meme coins 4.85%, and Layer 2s 5.38%, though a few outliers like Nano (XNO) and SOON managed to post double-digit gains.
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