Data from SoSoValue highlights widespread losses across various crypto sectors, with DePIN and other major assets like Render and Filecoin leading the declines, while Zora saw significant growth in the Layer2 space.
Cryptocurrency markets experienced significant declines, with the DePIN sector falling 7.18%. Bitcoin slipped below $109,000, while Ethereum dropped under $4,000. Render and Filecoin saw declines of 7.05% and 7.58%, respectively. While other sectors, including PayFi, CeFi, and Layer1, weakened, Zora in the Layer2 sector surged by 18.68%.