According to SoSoValue, most crypto sectors dropped between 2% and 7% over the past day, with Layer2 networks suffering the steepest losses and major coins retreating.
Latest figures from SoSoValue confirm broad cryptocurrency market declines in the past 24 hours, with sector losses ranging from 2% to 7%. Layer2 networks fell 6.71%, led by Zora, Linea, and Movement plunging over 10%. Bitcoin slipped 1.71% below $87,000, and Ethereum dropped 4.27% to near $2,800. Additional sector losses included PayFi down 3.27%, CeFi 3.68%, Layer1 3.78%, Meme coins 4.65%, and DeFi 5.65%, underscoring widespread weakness across digital assets.