Data: Crypto sectors generally declined, with RWA leading the drop at nearly 5%, and BTC falling to $91,000.
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TL;DR
Cryptocurrency markets declined overall, with the RWA sector dropping nearly 5% and Bitcoin falling to $91,000. Some tokens like PIPPIN and Polygon saw gains despite sector-wide losses.
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PendleSpartan GroupOndoDeFiSkyGovernancecryptocurrencyRWABitcoinmarket declinesector performance
According to data from SoSoValue, the cryptocurrency market continued its decline, with the RWA sector showing weakness, falling 4.85% in the last 24 hours. Within the sector, Pendle (PENDLE) fell 4.33%, Ondo Finance (ONDO) fell 4.61%, and Sky (SKY) fell 6.64%. Additionally, Bitcoin (BTC) fell 0.37%, dropping to the $91,000 mark; Ethereum (ETH) fell 2.26%, falling to around $3,100. In other sectors, the AI sector fell 0.49% in the last 24 hours, with PIPPIN (PIPPIN) bucking the trend and rising 23.59%; the Layer 1 sector fell 1.16%, but Solana (SOL) rose 1.03%; the CeFi sector fell 1.43%, with MX (MX) rising slightly by 0.61%; the Layer 2 sector fell 1.79%, with Polygon (POL) rising 6.82% intraday; the PayFi sector fell 2.41%, with Ultima (ULTIMA) rising 7.74%; the DeFi sector fell 2.71%, with Hyperliquid (HYPE) falling 4.84%; and the Meme sector fell 3.55%, with Pepe (PEPE) falling 8.36%. Crypto sector indices reflecting historical sector performance show that the ssiRWA, ssiMeme, and ssiDeFi indices fell 5.48%, 3.82%, and 3.65%, respectively.