Data: Crypto sector plunges across the board, AI sector leads losses with a 5.32% drop, BTC falls below $105,000

According to ChainCatcher, citing SoSoValue data, the entire crypto market experienced a broad decline across all sectors, with average losses ranging from 2% to 5%, due to risk factors such as escalating tensions in the Middle East and speculation about U.S. involvement in the conflict. The AI sector dropped 5.32% over the past 24 hours, with Render (RENDER) and Virtuals Protocol (VIRTUAL) falling by 6.01% and 7.66%, respectively. In addition, Bitcoin (BTC) fell 2.26%, dropping below $105,000. Ethereum (ETH) declined 2.49%, remaining in a narrow range around $2,500.

In other sectors, the CeFi sector fell 1.71% in 24 hours, with Hyperliquid (HYPE) down 5.51%. The Layer1 sector dropped 2.45%, while Toncoin (TON) remained relatively resilient, rising 0.07%. The Meme sector declined 3.56%, with SPX 6900 (SPX), which had previously seen significant gains, dropping 10.30%. The PayFi sector fell 3.63%, but Bitcoin Cash (BCH) bucked the trend, rising 5.32%. The DeFi sector dropped 4.20%, with Sky (SKY) down 6.81%. The Layer2 sector fell 4.39%, the NFT sector dropped 4.84%, and Pudgy Penguins (PENGU) declined 9.02%.