Data: The cryptocurrency market sector has significantly declined, with ETH dropping over 6%, while only the SocialFi sector remains relatively strong

According to SoSoValue data, the cryptocurrency market continues its downward trend, with the decline narrowing. Among them, Ethereum (ETH) has dropped 6.15% in the last 24 hours, falling below $2300. Bitcoin (BTC) decreased by 1.21%, dropping below $78,000. Only the SocialFi sector remains relatively strong, rising by 0.58%. Within this sector, Toncoin (TON) increased by 0.52%, and Chiliz (CHZ) rose by 4.02%.

In other sectors, the Layer2 sector fell by 1.36% in the last 24 hours, but zkSync (ZK) surged by 13.62%, and Zora (ZORA) rose by 4.73%; the Meme sector decreased by 0.12%, with MemeCore (M) remaining relatively strong, increasing by 4.79%; the Layer1 sector dropped by 1.77%, while Canton Network (CC) surged by 4.73% during the session; the DeFi sector fell by 1.93%, but MYX Finance (MYX) rose against the trend by 14.41%; the CeFi sector decreased by 2.24%, with Binance Coin (BNB) dropping by 2.49%; the PayFi sector fell by 2.92%, while Ultima (ULTIMA) surged by 19.93%.

The cryptocurrency sector indices reflecting historical market performance show that the ssiSocialFi, ssiMeme, and ssiRWA indices increased by 1.20%, 1.14%, and 0.17%, respectively.