ChainCatcher report, according to SoSoValue data, the crypto market is broadly down. Bitcoin (BTC) fell 1.63%, briefly dropping below $66,000 during intraday trading; Ethereum (ETH) declined 1.15%, breaking below $2,000. Only the SocialFi sector held relatively firm, rising 0.53% over 24 hours, with Chiliz (CHZ) up 6.3% within the sector. Other sectors: Layer2 led the market decline, down 1.85% over 24 hours, with Mantle (MNT) falling 3.61%; PayFi dropped 1.17%, but Trust Wallet (TWT) rose 1.91%; CeFi declined 0.87%, with Aster (ASTER) up 0.15%; Meme tokens fell 0.69%, while Siren (SIREN) rose 10.8% against the trend; Layer1 dropped 0.67%, with Polkadot (DOT) rallying 1.66% intraday; DeFi declined 0.6%, where Morpho Token (MORPHO) held relatively strong, up 3.12%. The crypto sector index reflecting historical performance shows ssiRWA and ssiSocialFi indices rose 1.8% and 1.35% respectively, while the ssiAI index fell 2.47%.
Crypto market broadly declines, BTC falls below $66,000, SocialFi holds steady
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Summary
The crypto market experienced broad declines, with BTC down 1.63%, briefly dipping below $66,000. Ethereum (ETH) fell 1.15%, slipping under $2,000. Sector performance was mixed: Layer2 dropped 1.85%, while Meme and DeFi sectors declined 0.69% and 0.6%, respectively. SocialFi defied the trend, rising 0.53% over 24 hours, led by Chiliz (CHZ), which gained 6.3%.
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