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The crypto market is broadly down, with the GameFi sector falling more than 8% and ETH dropping below $3,200
Svmuu News: According to data from SoSoValue, the crypto market has seen across-the-board corrections, with 24-hour declines generally ranging from 2% to 9%. The GameFi sector led the decline with an 8.58% drop over the past 24 hours. Within the sector, ImmutableX (IMX) fell 10.76%, while The Sandbox (SAND) and GALA dropped 11.18% and 12.76%, respectively. Additionally, Bitcoin (BTC) fell 2.89%, dropping below $93,000; Ethereum (ETH) fell 3.18%, dropping below $3,200. In other sectors, the CeFi sector fell 2.71% over the past 24 hours, with Aster (ASTER) down 9.94%; the PayFi sector fell 4.20%, though Dash (DASH) bucked the trend with a 10.32% gain; the Layer 1 sector fell 4.80%, with Sui (SUI) down 11.04%; The DeFi sector fell 5.97%, with Frax (FRAX) rising 31.97%; the Layer 2 sector fell 6.70%, while River (RIVER), which had previously seen consecutive sharp gains, rose another 26.40%; The Meme sector fell 7.30%, while MemeCore (M) rose 1.78%. The crypto sector indices, which reflect historical sector performance, showed that the ssiNFT, ssiDePIN, and ssiGameFi indices fell by 9.11%, 8.97%, and 8.84%, respectively.
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