Data: The overall cryptocurrency market has retraced, with the NFT sector leading the decline by over 9%, and BTC has fallen below $88,000

According to SoSoValue data, the overall cryptocurrency market sector is showing a continuous trend of correction, with a general decline of about 2% to 9% over the past 24 hours. Among them, the NFT sector dropped by 9.46%. Within this sector, Pudgy Penguins (PENGU) fell by 4.66%, while Audiera (BEAT), which had previously seen significant gains, experienced a correction, dropping by 41.28%. However, APE NFT (NFT) still rose by 3.66%. Additionally, Bitcoin (BTC) decreased by 1.12%, falling below $88,000; Ethereum (ETH) dropped by 2.01%, maintaining around $3,000.

In other sectors, the PayFi sector fell by 1.64% over 24 hours, with Telcoin (TEL) rising by 2.23%; the AI sector decreased by 1.68%, with OriginTrail (TRAC) relatively strong, increasing by 3.89%; the CeFi sector dropped by 1.78%, with Canton Network (CC) surging by 6.14% during the session; the Layer1 sector fell by 1.86%, with Zcash (ZEC) down by 3.16%; the DeFi sector decreased by 2.22%, with Uniswap (UNI) dropping by 4.14%; the Meme sector was down by 2.25%, while PIPPIN (PIPPIN) rose against the trend by 31.03%; the Layer2 sector fell by 2.30%, with ImmutableX (IMX) increasing by 2.63%.

The cryptocurrency sector indices reflecting historical market trends show that the ssi AI, ssi Layer2, and ssi DeFi indices fell by 3.13%, 2.66%, and 2.38%, respectively.