According to SoSoValue data, the crypto market saw a sharper sell-off over the past 24 hours, with Bitcoin briefly falling below $60,000 and major sectors posting double-digit losses.
SoSoValue data shows the crypto market plunged 7%–14% across sectors in the past 24 hours, marking a significantly deeper downturn than earlier declines. Bitcoin dropped 10.10%, briefly falling below $60,000, while Ethereum fell 10.08% before rebounding to around $1,900. Among sector performance, PayFi led losses with a 13.86% decline, while Monero recorded one of the steepest drops, sinking 20.28%.