Data: The cryptocurrency market sector is experiencing a widespread decline, with BTC dropping below $80,000 and Ethereum falling over 7%

ChainCatcher news indicates that, according to SoSoValue data, the encrypted market sector index has generally declined, with a 24-hour drop of approximately 2% to 8%. Among them, Ethereum (ETH) fell by 7.02%, dropping below $2200, while Bitcoin (BTC) decreased by 5.25%, briefly falling below $80000.

In other sectors, the CeFi sector dropped by 3.92% in 24 hours, the Layer1 sector fell by 5.51%, the PayFi sector decreased by 5.99%, and the Layer2 sector declined by 6.25%. Notably, although the AI sector dropped by 7.59%, Golem (GLM) and MyShell (SHELL) within the sector rose against the trend by 4.43% and 16.21%, respectively.

The cryptocurrency sector index reflecting historical market trends shows that the sectors with the largest declines in 24 hours are the ssiAI, ssiDeFi, and ssiSocialFi indices, which fell by 7.63%, 7.26%, and 6.64%, respectively. Additionally, the ssiPayFi index has reached a weekly return rate of -18.95%.