Data: Crypto sector falls for three consecutive days, DePIN sector leads the decline with over 7%, ETH drops below $4,000
ChainCatcher news, according to SoSoValue data, most sectors in the crypto market have generally declined. The DePIN sector led the decline over the past 24 hours, dropping 7.18%. Within the sector, Render (RENDER) fell 7.05%, and Filecoin (FIL) dropped 7.58%. In addition, Bitcoin (BTC) fell 2.19%, breaking below $109,000. Ethereum (ETH) dropped 2.14%, falling below the $4,000 mark.
In other sectors, the PayFi sector fell 3.03% in the past 24 hours, with Monero (XMR) and Telcoin (TEL) dropping 6.56% and 9.94% respectively within the sector. The CeFi sector declined 3.08%, with Cronos (CRO) down 8.03%. The Layer1 sector dropped 3.71%, with Sui (SUI) down 7.62%. The Layer2 sector fell 3.74%, but Zora (ZORA) bucked the trend and rose 18.68%. The DeFi sector dropped 3.81%, with Aave (AAVE) down 7.58%. The Meme sector fell 4.43%, with Pump.fun (PUMP) down 11.13%.
Crypto sector indices reflecting historical sector performance show that the ssiDePIN, ssiAI, and ssiGameFi indices fell by 6.14%, 5.69%, and 5.44% respectively.
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.
You may also like
BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance
CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours
According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.
Outperformed the S&P by 19.2 percentage points in one month: Berkshire (BRK.B) achieves its highest monthly relative advantage since 2010, second only to the 2008 financial crisis
As the AI trading boom subsides and technology stocks waver, one of the market’s oldest “safe havens” has once again proven its value. Berkshire Hathaway (BRK.B) has just recorded one of its most notable relative gains in over a decade.
Crypto prices
More
