Data: The cryptocurrency market is generally down, with the Layer 2 sector dropping over 3%, and BTC falling below $59,000

According to SoSoValue data, the cryptocurrency sector has generally declined, with the Layer2 sector dropping 3.57% in 24 hours. Among them, Mantle (MNT) fell 4.97%, Starknet (STRK) fell 4.93%, and Celestia (TIA) fell 9.54%. At the same time, Bitcoin (BTC) dropped 1.89%, falling below $59,000; Ethereum (ETH) fell 0.98%, dropping below $1,600.

In other sectors, the PayFi sector declined 0.29%, but Stellar (XLM) rose 11%; the CeFi sector fell 0.87%, with Binance Coin (BNB) down 1.19%; the Meme sector dropped 1.05%, while MemeCore (M) rose 22.6%; the Layer1 sector fell 1.41%, with Cardano (ADA) relatively strong, rising 1.32%; the DeFi sector dropped 2.79%, with LAB (LAB) down 14.83%. Additionally, the SocialFi and NFT sectors remained relatively strong, rising 0.5% and 0.54%, respectively. Within the SocialFi sector, Gram (GRAM) rose 1.01%; within the NFT sector, Audiera (BEAT) rose 7.87%.