Crypto Market Plummets as RWA Sector Drops Over 6%

iconKuCoinFlash
Share
AI summary iconSummary
The crypto market suffered a sharp decline on October 15, 2026, following higher-than-expected U.S. September CPI data. The RWA sector led the downturn, dropping 6.33%. Maple Finance (SYRUP) fell 10.24%, Ondo Finance (ONDO) declined 6.22%, and Sky (SKY) lost 7.80%. Bitcoin (BTC) slipped 1.93% below $82,000, while Ethereum (ETH) dropped 3.61% to around $2,400. The crypto market update reveals broad weakness across both major and niche assets.

Odaily Planet Daily report: On October 15, according to SoSoValue data, influenced by combined factors including the higher-than-expected U.S. September CPI, the entire crypto market declined, with the RWA sector leading the drop at 6.33%. Within the sector, Maple Finance (SYRUP) fell 10.24%, while Ondo Finance (ONDO) and Sky (SKY) declined by 6.22% and 7.80%, respectively. Meanwhile, Bitcoin (BTC) dropped 1.93%, breaking below $82,000; Ethereum (ETH) fell 3.61%, nearing $2,400.

In other sectors, the CeFi sector declined 1.74% over 24 hours, with Cronos (CRO) down 3.54%; the Layer1 sector fell 2.88%, with Zcash (ZEC) down 10.61%; the DeFi sector dropped 3.63%, but Pyth Network (PYTH) rose 8.91% against the trend; the Meme sector declined 3.73%, with Pump.fun (PUMP) down 8.05%; the PayFi sector fell 4.10%, with Safe (SAFE) down 15.41%; and the Layer2 sector dropped 4.42%, with Optimism (OP) down 11.41%.

The crypto sector indices reflecting historical sector performance show that the ssiDePIN, ssiRWA, and ssiLayer2 indices declined by 6.72%, 6.36%, and 4.76%, respectively.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.