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BTC falls below 90,000, ETH holds 3,100; RWA and Meme become the only two highlights in the market
[Chain News] The overall trend in the crypto market is weak today, with major coins collectively under pressure. Bitcoin has retreated by 1.31%, currently hovering around $90,000; Ethereum also failed to hold its ground, dropping 0.36% to around the $3,100 mark.
However, there are still some standout sectors in the market. The RWA sector performed the most steadily, rising 1.04% overall. Specifically, Ondo Finance and Creditcoin surged 2.91% and 6.30%, respectively. Even more impressive was Plume, which soared 8.35% directly, spurred by news of being listed on a leading compliant platform. The Meme sector also held up, with a slight increase of 0.32%; Pepe and FLOKI rose 3.78% and 5.29%, respectively, injecting some vitality into the market.
Other sectors were less optimistic. The Layer2 sector fell 0.70%, although Arbitrum bucked the trend and rose 1.45% as an exception; Layer1 dropped 0.80%, but Zcash stood out with a surge of 15.81%; the PayFi sector slipped 0.94%, with Dash performing strongly, rising 5.72%; the CeFi sector fell 1.13%, but Canton Network suddenly spiked 18.72% during trading; the DeFi sector saw the largest decline, dropping 1.32%.
Overall, capital is clearly flowing into narrative-driven sectors like RWA and Meme, while mainstream sectors are undergoing a round of adjustment.
RWA is still going up. Is this run for real?
All the major coins are tanking. Feels like it's time to bottom fish.
ETH can't hold 3100. Feels risky.
So Meme coins are the real hot cakes now?
A 1% rise in RWA is nothing. Why haven't I seen any movement on Ondo?
Down, down, down. So annoying. When will it rebound?
The whole market only has RWA and Meme still alive. What about the others?
BTC is performing so poorly, who dares to go heavy on it now?
Seriously, the big coins are hopeless. Everyone has to chase the small coins now.