Data: The cryptocurrency market is experiencing a widespread decline, with both the Meme and DeFi sectors dropping over 3%, while ETH remains relatively strong

ChainCatcher message indicates that, according to SoSoValue data, the crypto market has experienced a pullback for two consecutive days, with the Meme and DeFi sectors dropping 3.59% and 3.72% respectively in the last 24 hours. Within the Meme sector, Bonk (BONK), dogwifhat (WIF), and Fartcoin (FARTCOIN) fell by 7.42%, 9.65%, and 10.62% respectively, while SPX6900 (SPX) rose by 3.35% against the trend. In the DeFi sector, Chainlink (LINK), Uniswap (UNI), and Ethena (ENA) decreased by 4.03%, 5.93%, and 9.97% respectively.

Additionally, Ethereum (ETH) remained relatively strong, dropping 0.28% in the last 24 hours, fluctuating around $2600. Bitcoin (BTC) fell by 0.91%, retreating to $104,000.

In other sectors, the CeFi sector dropped 0.58% in the last 24 hours, with Hyperliquid (HYPE) down 3.29%; the Layer1 sector decreased by 1.93%, but TRON (TRX) rose by 1.26%; the PayFi sector fell by 2.63%, with Keeta (KTA) rising by 3.62% against the trend; the AI sector dropped 3.54%, with Bittensor (TAO), Worldcoin (WLD), and Virtuals Protocol (VIRTUAL) falling by 2.85%, 5.33%, and 7.22% respectively; the Layer2 sector decreased by 3.58%, with Optimism (OP) down 5.79%.

The crypto sector indices reflecting historical performance show that the ssiAI, ssiDeFi, and ssiRWA indices fell by 4.93%, 4.28%, and 4.24% respectively in the last 24 hours.