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The entire crypto market is down across the board, with the DeFi sector down more than 5%.
PANews July 17 reports that, according to SoSoValue data, all sectors of the crypto market fell across the board. The DeFi sector was weak, down 5.08% over the past 24 hours. Among them, Hyperliquid (HYPE) dropped 10.28%, DeXe (DEXE) and Aave (AAVE) fell 4.83% and 6.12%, respectively, but Beldex (BDX) rose 6.61% against the trend. Meanwhile, Bitcoin (BTC) fell 1.79%, dropping below $64k; Ethereum (ETH) fell 3.53%, dropping below $1,900.
In other sectors, the Layer2 sector fell 0.63% over the past 24 hours, but Mantle (MNT) rose 3.16%. The CeFi sector fell 0.94%, with Cronos (CRO) surging 8.68% intraday. The PayFi sector fell 2.32%, while Zcash (ZEC) fell 6.88%. The Layer1 sector fell 2.41%, with NEAR Protocol (NEAR) down 4.64%. The Meme sector fell 2.57%, with Bonk (BONK) down 5.70%.