Data: The crypto market generally declines, with the Layer 2 sector leading the drop at 3.59%, and BTC briefly falling below $88,000.

CoinVoice has learned that, according to SoSoValue data, the entire crypto market is down across the board, with the Layer2 sector leading the decline at 3.59%. Celestia (TIA) fell 4.83%, Mantle (MNT) dropped 5.67%, but Movement (MOVE) defied the trend and rose 8.16%.

Additionally, Bitcoin (BTC) decreased by 1.36%, briefly falling below $88,000, but has now rebounded above $89,000. Ethereum (ETH) declined 0.31%, dropping to $3,000 before bouncing back above $3,100.

In other sectors, the Layer1 sector fell 1.25% over 24 hours, but TRON (TRX) rose 2.38%; the CeFi sector declined 1.37% over 24 hours, with Canton Network (CC) remaining relatively strong, up 1.64%; the PayFi sector decreased 1.52%, while Trust Wallet (TWT) surged 1.84% during the session; the Meme sector fell 2.00%, but PIPPIN (PIPPIN) increased 2.21%; the DeFi sector declined 2.39%, with MYX Finance (MYX) bucking the trend and rising 3.67%.

The crypto sector indices reflecting sector historical performance show that the ssiLayer1, ssiCeFi, and ssiLayer2 indices fell 0.75%, 1.33%, and 3.93%, respectively.