Data: Crypto market broadly retreats, BTC breaks below $74,000 intraday, only SocialFi sector relatively resilient

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Mars Finance reports that according to SoSoValue data, the overall cryptocurrency market is experiencing a correction. The RWA sector led the decline, dropping 3.92% over the past 24 hours, with Ondo Finance (ONDO) down 2.76% and Pendle (PENDLE) down 3.12%. Meanwhile, Bitcoin (BTC) fell 1.92%, breaking below $74,000 during the session; Ethereum (ETH) declined 1.3%, staying above $2,300. In other sectors, the DeFi sector decreased by 0.39% in 24 hours, but River (RIVER) rose 12.22%. The Layer 1 sector fell 0.53%, with Kaspa (KAS) remaining relatively strong, up 9.87%. The Meme sector declined 1.02%, but Siren (SIREN) defied the trend with a 29.79% increase. The CeFi sector dropped 1.77%, with Cronos (CRO) down 3.19%. The Layer 2 sector decreased 2.14%, with zkSync (ZK) surging 2.16% during the session. The PayFi sector fell 2.63%, with XRP down 3.51%.

BTC-3,63%
ONDO-5,22%
PENDLE-6,62%
ETH-5,34%
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