According to SoSoValue data, major crypto sectors fell sharply within 24 hours, with Bitcoin and Ethereum briefly hitting lower intraday levels before rebounding, highlighting continued market volatility.
The cryptocurrency market recorded broad declines of 7%–14% over 24 hours, based on SoSoValue data. Bitcoin dropped 10.10%, briefly falling below $60,000 before rebounding to around $65,000. Ethereum declined 10.08%, sliding to near $1,700 before recovering to about $1,900. PayFi led sector losses, falling 13.86%.