ChainCatcher report, according to SoSoValue data, the crypto market experienced broad declines: Bitcoin (BTC) fell 2.21% over 24 hours, dropping below $67,000; Ethereum (ETH) declined 3.92%, falling below $2,000. The SocialFi sector led losses with a 6.25% drop, where Toncoin (TON) fell 6.97% and Chiliz (CHZ) dropped 4.16%. In other sectors: CeFi declined 1.16% over 24 hours, with Cronos (CRO) down 3.47%; DeFi fell 1.74%, though Hyperliquid (HYPE) rose 3.51%; Layer1 dropped 2.28%, with Zcash (ZEC) down 5.13%; Layer2 declined 2.71%, where Starknet (STRK) fell 6.06%; PayFi dropped 3.38%, with Dash (DASH) down 5.94%; Meme tokens fell 3.6%, but BUILDon (B) held relatively strong, rising 1.97%. The crypto sector indices reflecting historical performance show that the ssiSocialFi, ssiAI, and ssiDePIN indices rose 6.70%, 5.22%, and 4.72%, respectively.
Crypto market plunges as BTC falls below $67,000 and ETH drops nearly 4%.
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Summary
The Fear and Greed Index fell below 40 as the crypto market declined, with Bitcoin dropping 2.21% to under $67,000 and Ethereum falling 3.92% to below $2,000, according to the BTC market update. SocialFi led the losses with a 6.25% decline, while CeFi, DeFi, Layer 1, and Layer 2 also posted losses. In contrast, the ssiSocialFi, ssiAI, and ssiDePIN indices rose 6.70%, 5.22%, and 4.72%, respectively, bucking the overall trend.
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