The crypto market continues its downward trend, with the Meme sector leading the decline by over 5%, but BTC defies the trend and rises.
Odaily Planet Daily reports that according to SoSoValue data, the crypto market sector continues its downward trend, with the Meme sector down 5.01% over the past 24 hours. Previously, MemeCore (M) experienced a significant increase but has now fallen 29.56%, while BUILDon (B) and PIPPIN (PIPPIN) have risen against the trend by 11.24% and 39.36%, respectively. Meanwhile, Ethereum (ETH) declined 1.67%, remaining above $2000. Notably, Bitcoin (BTC) remains relatively resilient, rising 1.13% and breaking through $70,000.
In other sectors, the PayFi sector declined 0.82% over the past 24 hours. Within this sector, Telcoin (TEL) increased 1.82%. The DeFi sector fell 0.85%, with Hyperliquid (HYPE) surging 3.26% during the session. The CeFi sector decreased 0.94%, but Aster (ASTER) surged significantly by 8.19%. The Layer1 sector declined 1.87%, with Kaspa (KAS) up 6.03%. The Layer2 sector fell 1.91%, with Stacks (STX) down 3.20%.
Reflecting the historical performance of the sector indices, the ssiRWA and ssiDeFi indices increased by 3.31% and 1.61%, respectively, while the ssiMeme index dropped 6.07%.
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Data: Today, the US Bitcoin ETF experienced a net outflow of 3,711 BTC, and the Ethereum ETF experienced a net outflow of 27,535 ETH.
