The overall crypto market is experiencing a downturn, according to SoSoValue data. Bitcoin (BTC) has dipped below 116,000 USD, while Ethereum (ETH) is now beneath 4,300 USD.
Despite the general decline, the PayFi sector remains relatively strong, increasing by 0.06%. Notably, Monero (XMR) rose by 2.19%, and Nano (XNO) saw a rise of 1.38%.
The CeFi sector fell by 0.68%, but OKB stood out with a 7.40% rise. Additionally, the Layer1 sector declined by 1.50%, and both the DeFi and Meme sectors experienced drops of 2.52% and 2.73% respectively.
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