#CryptoMarkets
The cryptocurrency market remains under pressure, with losses spreading across most major tokens and sectors as the broader correction continues. Data from SoSoValue shows Bitcoin down 0.80%, trading below $89,000, while Ethereum has fallen 0.62% to under $3,000. Earlier gains in the AI, real-world assets (RWA), and centralized finance (CeFi) sectors proved short-lived and had largely faded by the time of writing, leaving market sentiment broadly negative. While select tokens such as Worldcoin, Kite, and Jito posted sharp individual moves, these advances failed to offset weakness across Layer 1, Layer 2, DeFi, PayFi, and memecoin segments. Overall, sector indices reflect a market struggling to find direction amid persistent selling pressure.
The cryptocurrency market remains under pressure, with losses spreading across most major tokens and sectors as the broader correction continues. Data from SoSoValue shows Bitcoin down 0.80%, trading below $89,000, while Ethereum has fallen 0.62% to under $3,000. Earlier gains in the AI, real-world assets (RWA), and centralized finance (CeFi) sectors proved short-lived and had largely faded by the time of writing, leaving market sentiment broadly negative. While select tokens such as Worldcoin, Kite, and Jito posted sharp individual moves, these advances failed to offset weakness across Layer 1, Layer 2, DeFi, PayFi, and memecoin segments. Overall, sector indices reflect a market struggling to find direction amid persistent selling pressure.