Data: The encryption sector fell across the board, with the DePIN sector leading the decline by nearly 6%, and BTC dropped below $86,000

According to SoSoValue data, the cryptocurrency market has generally declined, with a 24-hour drop of approximately 2% to 5%. Among them, the DePIN sector led the decline with a drop of 5.8%. Within this sector, Filecoin (FIL) fell by 6.29%, and Render (RENDER) dropped by 7.07%.

In addition, Bitcoin (BTC) decreased by 3.19%, falling below $86,000, while Ethereum (ETH) dropped by 4.11%, falling below $3,000. In other sectors, the CeFi sector fell by 3.02% in 24 hours, with Aster (ASTER) dropping by 15.82%; the Layer1 sector declined by 3.34%, with Sui (SUI) down by 8.35%; the Layer2 sector saw a 24-hour drop of 4.03%, with SOON (SOON) decreasing by 11.09%; the Meme sector fell by 4.31%, while PIPPIN (PIPPIN) rose against the trend by 25.96%; the PayFi sector dropped by 4.81%, with Telcoin (TEL) down by 8.85%; the DeFi sector declined by 4.93%, but MYX Finance (MYX) surged by 9.96% during the session. The cryptocurrency sector indices reflecting historical performance show that the ssiAI, ssiDePIN, and ssiRWA indices fell by 7.05%, 6.8%, and 6.41%, respectively.