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The crypto market has declined for two consecutive days, with DePIN leading the decline at 4.22%, and FIL and GLM experiencing heavy drops—sector divergence is evident.
【Crypto News】The crypto market has declined for two consecutive days. According to SoSoValue data, the DePIN sector is the hardest hit, with a 24-hour drop of 4.22%, including Filecoin (FIL) down 8.55% and Golem (GLM) falling even more sharply by 10.07%.
In terms of the overall market, Bitcoin (BTC) experienced a slight correction of 0.74%, currently staying above $95,000; Ethereum (ETH) performed relatively better with a minimal decline of 0.21%, fluctuating around $3,300.
Other sectors show mixed performances. The CeFi sector had the smallest decline, down 0.37% in 24 hours, with NEXO (NEXO) bucking the trend and rising 1.13%; the Layer1 sector fell 1.32%, but TRON (TRX) surged 2.30 during the day; the PayFi sector declined 2.11%, while Dash (DASH) increased by 3.50%; the Layer2 sector dropped 2.52%, with Mantle (MNT) rising 0.99%.
The DeFi sector decreased by 2.59%, but River (RIVER) remained strong, surging 8.12%; the Meme sector fell 2.93%, while MemeCore (M) rose 1.65%.
Looking at sector indices, the ssiGameFi, ssiDePIN, and ssiSocialFi indices declined by 4.53%, 4.26%, and 3.20% respectively, showing clear sector differentiation.