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The entire crypto market is pulling back, with the RWA sector leading declines of over 3%
Odaily Planet Daily reports that according to SoSoValue data, the entire crypto market sector has pulled back across the board. The RWA sector, which performed strongly yesterday, led the decline with a 3.13% drop over the past 24 hours. Within this sector, Centrifuge (CFG) fell 8.40%, Ondo Finance (ONDO) and Pendle (PENDLE) declined 3.02% and 6.08%, respectively. The GameFi sector decreased by 2.59%, with WEMIX bucking the trend and rising 2.01%.
In other sectors, the Meme sector declined 0.73% over 24 hours, but Banana For Scale (BANANA) surged significantly by 17.23%, and Siren (SIREN) increased 8.27%. The Layer1 sector fell 0.87%, with Algorand (ALGO) rising 7.52%. The CeFi sector dropped 1.03%, but NEXO (NEXO) remained relatively resilient, climbing 1.61 during the session. The DeFi sector decreased by 1.49%, with Morpho Token (MORPHO) up 3.34%. The Layer2 sector declined 1.80%, with Arbitrum (ARB) down 2.74%. The PayFi sector fell 2.41%, but Telcoin (TEL) increased 4.66%.
Reflecting the historical performance of sectors, the crypto sector index shows that ssiNFT rose 0.36%, while ssiAI and ssiRWA indices declined 8.73% and 7.71%, respectively.