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.

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【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.

FIL-0.37%
GLM0.28%
BTC0.92%
ETH1.49%
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