Data: The crypto market is broadly down, with the GameFi sector dropping over 8%, and ETH falling below $3200.

ETH-4,53%
IMX-2,93%
SAND-4,38%
GALA-4,72%

ChainCatcher reports that according to SoSoValue data, the entire crypto market sector has experienced a correction, with 24-hour declines generally around 2% to 9%. The GameFi sector led the decline with an 8.58% drop over the past 24 hours. Within the sector, ImmutableX (IMX) fell 10.76%, The Sandbox (SAND) and GALA declined 11.18% and 12.76% respectively. Additionally, Bitcoin (BTC) dropped 2.89%, falling below $93,000; Ethereum (ETH) decreased 3.18%, dropping below $3,200.

In other sectors, the CeFi sector declined 2.71% over 24 hours, with Aster (ASTER) down 9.94%. The PayFi sector fell 4.20%, but Dash (DASH) rose counter to the trend by 10.32%. The Layer1 sector declined 4.80%, with Sui (SUI) down 11.04%. The DeFi sector decreased 5.97%, with Frax (FRAX) rising 31.97%. The Layer2 sector fell 6.70%, but the previously surging River (RIVER) rebounded 26.40%. The Meme sector declined 7.30%, while MemeCore (M) increased 1.78%.

Reflecting the historical performance of the sector, the crypto sector indices for ssiNFT, ssiDePIN, and ssiGameFi declined 9.11%, 8.97%, and 8.84% respectively.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Whale address 0x65b4 bought 6,228 ETH 10 hours ago at an average price of $2,007.

Gate News Report, March 7 — According to on-chain data analyst Yu Yan monitoring, whale address 0x65b4 bought ETH 10 hours ago, spending 12.5 million USDC to acquire 6,228 ETH, with an average price of $2,007. This address previously spent 32.58 million USDC to buy ETH and BTC after the market declined on October 11 last year, then sold in November, incurring a loss of $830,000.

GateNews1h ago

Price Predictions 3/6: BTC,ETH,BNB,XRP,SOL,DOGE,ADA,BCH,HYPE,XMR

Bitcoin (CRYPTO: BTC) faced a renewed test after a brief relief rally, sliding back below the $68,500 mark as sellers reasserted control. The move comes after the asset briefly flirted with the $74,000 threshold, a level that previously functioned as a ceiling during the latest ascent. Traders now e

CryptoBreaking2h ago

A whale deposited 2.18 million USDC into HyperLiquid and opened a 10x leveraged short position on ETH.

Gate News Report, March 7 — Onchain Lens monitoring shows that a whale address starting with 0x218A deposited 2.18 million USDC into HyperLiquid and opened a 10x leveraged short position on ETH. This whale has previously accumulated profits of over $11.8 million.

GateNews3h ago

Why Ethereum’s Path to $2.5K Could Be Tougher—Here’s Why

Ether faced renewed selling pressure as global markets retreated and traders priced geopolitical risk into risk assets. After a brief move up to $2,200, ETH slipped roughly 6% in the session, as US equities cooled and oil and gas shipments in the Middle East disrupted supply lines. The macro

CryptoBreaking3h ago

Vitalik proposes replacing Casper FFG with Minimit to upgrade Ethereum's finality mechanism

Vitalik Buterin proposed on the X platform to replace Ethereum's finality component Casper FFG with Minimmit, claiming it offers better security and recoverability. Minimmit requires only one round of signatures, reducing the fault tolerance threshold to about 17%, which can enhance the network's competitiveness and coordinated recovery ability under attack.

GateNews3h ago
Comment
0/400
No comments