Odaily Planet Daily News December 5, according to SoSoValue data, the cryptocurrency market has generally experienced a correction after continuous rises, among which, the PayFi sector fell 3.78% in 24 hours; within the sector, XRP (XRP) fell 4.37%, but Dash (DASH) and Ultima (ULTIMA) rose against the trend by 3.32% and 5.06% respectively. Additionally, Bitcoin (BTC) fell 1.06%, dropping below $93,000; Ethereum (ETH) fell 1.73%, dropping below $3,200.
In other sectors, the CeFi sector fell 1.96% in 24 hours; within the sector, OKB remained relatively strong, rising 1.91%; the Layer1 sector fell 2.24%, but TRON (TRX) and Zcash (ZEC) rose by 2.43% and 10.02% respectively; the Layer2 sector fell 3.01%, Merlin Chain (MERL) surged to 9.93% during the day; the Meme sector fell 3.09%, while Fartcoin (FARTCOIN) rose against the trend by 5.93%; the DeFi sector fell 3.41%, but MYX Finance (MYX) climbed 7.08% during the day.
The cryptocurrency sector index reflecting the historical market trends shows that the ssiCeFi, ssiLayer1, and ssiDeFi indices have decreased by 2.03%, 2.01%, and 4.40%, respectively.
