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Cryptocurrency Market Broadly Declines, Layer2 Sector Drops 3.59%

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TIA
$0.4677-1.76%
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MNT
$1.1734-1.74%
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MOVE
$0.0328-4.37%
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BTC
$89,050.300.81%
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ETH
$3,029.821.69%
Cryptocurrency market sentiment turned bearish as the broader market slid, with the Layer2 sector down 3.59%. TIA and MNT fell 4.83% and 5.67%, while MOVE bucked the trend with an 8.16% rise. BTC dropped 1.36%, briefly falling below $88,000 before recovering to $89,000. ETH declined 0.31%, trading between $3,000 and $3,100. The fear and greed index likely reflects heightened caution, with Layer1, CeFi, and DeFi all posting losses. Smaller tokens like TRX, CC, and MYX saw gains amid the downturn.
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