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Data: The crypto market is broadly down, with the GameFi sector dropping over 8%, and ETH falling below $3200.
ChainCatcher reports that according to SoSoValue data, the entire crypto market sector has experienced a correction, with 24-hour declines generally around 2% to 9%. The GameFi sector led the decline with an 8.58% drop over the past 24 hours. Within the sector, ImmutableX (IMX) fell 10.76%, The Sandbox (SAND) and GALA declined 11.18% and 12.76% respectively. Additionally, Bitcoin (BTC) dropped 2.89%, falling below $93,000; Ethereum (ETH) decreased 3.18%, dropping below $3,200.
In other sectors, the CeFi sector declined 2.71% over 24 hours, with Aster (ASTER) down 9.94%. The PayFi sector fell 4.20%, but Dash (DASH) rose counter to the trend by 10.32%. The Layer1 sector declined 4.80%, with Sui (SUI) down 11.04%. The DeFi sector decreased 5.97%, with Frax (FRAX) rising 31.97%. The Layer2 sector fell 6.70%, but the previously surging River (RIVER) rebounded 26.40%. The Meme sector declined 7.30%, while MemeCore (M) increased 1.78%.
Reflecting the historical performance of the sector, the crypto sector indices for ssiNFT, ssiDePIN, and ssiGameFi declined 9.11%, 8.97%, and 8.84% respectively.