Data: The entire crypto sector plunges, BTC falls below $108,000, ETH drops nearly 8% at one point

ChainCatcher news, according to SoSoValue data, all sectors of the crypto market have fallen across the board, with general declines ranging from approximately 2% to 10%. Among them, Bitcoin (BTC) dropped 2.31% in the past 24 hours, once falling to around $105,000, but has now rebounded to $107,000.

Ethereum (ETH) once dropped nearly 8%, but the decline has now narrowed to 4.94%, rebounding above $3,600. In addition, the SocialFi sector led the decline with a drop of 10.1%, and within the sector, Toncoin (TON) fell 10.67%. In other sectors, the PayFi sector fell 5.55% in 24 hours, but Dash (DASH) has risen against the trend for two consecutive days, increasing again by 25.71%; the CeFi sector dropped 6.54%, with Aster (ASTER) down 20.72%; the Meme sector fell 6.92%, among which MemeCore (M) and BUILDon (B) rose by 1.01% and 3.93% respectively; the Layer1 sector dropped 7.06%, with Zcash (ZEC) rising against the trend by 7.09%; the DeFi sector fell 7.66%, with World Liberty Financial (WLFI) down 12.51%; the Layer2 sector dropped 8.48%, while Merlin Chain (MERL) remained relatively strong, rising 1.13%. The crypto sector indices reflecting historical sector performance show that the ssiSocialFi, ssiLayer2, and ssiDePIN indices fell by 10.21%, 9.05%, and 9% respectively.