Crypto Market Hit Hard as BTC Drops Below $99,000 and ETH Falls to $2,200
Odaily Planet Daily News According to SoSoValue data, the Middle East situation has further escalated due to the U.S. attack on Iran and the Iranian parliament's push to block the Strait of Hormuz, leading to a broad decline in the crypto market. Bitcoin (BTC) fell 1.38% over the past 24 hours and is currently trading at $101,000, though it briefly dropped below $99,000 during the session. Ethereum (ETH) declined 1.18%, hitting a low of $2,100.
In other sectors, the CeFi sector dropped 0.72%, with Hyperliquid (HYPE) rising 6.41%. Meanwhile, the Layer1 sector fell 1.49%, with Sui (SUI) down 3.72%. The Meme sector declined 1.79%, but Fartcoin (FARTCOIN) remained relatively strong, up 6.04%. The DeFi sector dropped 1.94%, with Four (FORM) surging 9.21% during the session. The PayFi sector fell 2.00%, and the Layer2 sector dropped 2.58%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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