Data: The cryptocurrency market has fallen for three consecutive days, with the Layer 2 sector leading the decline by over 7%, and ETH briefly dropping below $3000

According to SoSoValue data, the cryptocurrency market has seen a decline for three consecutive days, with a general drop of about 2% to 7% over the past 24 hours. Among them, the Layer2 sector fell by 7.13%, with Starknet (STRK) down 21.17% and SOON (SOON) down 30.60%. However, Movement (MOVE) remained relatively strong, rising by 2.70%.

It is noteworthy that Bitcoin (BTC) dropped by 3.08%, falling below $92,000, erasing its gains for the year. Ethereum (ETH) decreased by 2.93%, briefly dipping below $3,000.

In other sectors, the DeFi sector fell by 2.07% over the past 24 hours, but Hyperliquid (HYPE) and Uniswap (UNI) remained relatively strong, rising by 1.37% and 2.32%, respectively. The CeFi sector declined by 2.10%, with Binance Coin (BNB) down 2.21%. The AI sector dropped by 2.34%, with KAITO (KAITO) rising against the trend by 15.03%. The Layer1 sector fell by 2.80%, with Internet Computer (ICP) surging by 20.17% during the day. The PayFi sector decreased by 3.29%, but Velo (VELO) rose by 15.47%. The Meme sector fell by 4.15%, with Giggle Fund (GIGGLE) increasing by 3.93%.

The cryptocurrency sector indices reflecting historical performance show that the ssiLayer2, ssiDeFi, and ssiMeme indices fell by 7.73%, 5.82%, and 3.95%, respectively.