ChainCatcher news indicates that, according to SoSoValue data, the entire encrypted market is experiencing a decline, with a general drop of about 2% to 6% over the past 24 hours. Among them, the Meme sector leads the decline with a drop of 5.93%. Within this sector, Pump.fun (PUMP) fell by 10.16%, and BUILDon (B) dropped by 16.07%. Additionally, Bitcoin (BTC) decreased by 0.77%, falling below $115,000, while Ethereum (ETH) dropped by 2.96%, falling below the $4,400 mark.

In other sectors, the PayFi sector fell by 1.84%, with Trust Wallet (TWT) down by 15.48%; the CeFi sector declined by 2.25%, with Hyperliquid (HYPE) down by 7.35%; the Layer1 sector decreased by 2.28%, with Solana (SOL) and Binance Coin (BNB) dropping by 2.75% and 3.03%, respectively; the DeFi sector fell by 2.30%, but World Liberty Financial (WLFI) and Aster (ASTER) rose against the trend by 3.77% and 17.19%, respectively; the Layer2 sector declined by 4.91%, with Movement (MOVE) and Merlin Chain (MERL) remaining relatively strong, rising by 5.04% and 34.85%, respectively.

The cryptocurrency sector indices reflecting historical market trends show that the ssiNFT, ssiLayer2, and ssiMeme indices fell by 5.82%, 5.71%, and 5.68%, respectively.

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