Data: The crypto sector continues to decline, with only the PayFi segment remaining relatively resilient
According to ChainCatcher, citing SoSoValue data, most sectors in the crypto market have continued to decline, with only the PayFi sector remaining relatively resilient, rising 0.06% over the past 24 hours. Within the sector, Monero (XMR) increased by 2.19%, while Nano (XNO) and Ultima (ULTIMA) rose by 1.38% and 3.63% respectively. In addition, Bitcoin (BTC) fell by 0.39%, dropping below $116,000, and Ethereum (ETH) declined by 2.25%, falling below $4,300.
In other sectors, the CeFi sector dropped by 0.68%, though one exchange bucked the trend with a 7.40% increase. The Layer2 sector fell by 0.94%, with Mantle (MNT) and ex-MATIC (POL) showing relative strength, rising by 1.39% and 3.65% respectively. The Layer1 sector declined by 1.50%, the DeFi sector by 2.52%, and the Meme sector by 2.73%, while BUILDon (B) surged 3.91% during intraday trading.
Indices reflecting the historical performance of these sectors show the ssiPayFi index up 0.01%, while the ssiCeFi and ssiGameFi indices fell by 0.55% and 0.67% 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
The hardcore bearish whale's 20x leveraged BTC short position is now floating a profit of over $18 million.
Machi reduces 25x ETH long position, current liquidation price is $3,042.74
A smart money investor switched from long to short and opened a 3x leveraged short position of 1,000 BTC.
