Data: The crypto market has declined for three consecutive days, with the Layer2 sector leading the drop by over 7%. ETH briefly fell below $3,000.

ChainCatcher News, according to SoSoValue data, the crypto market has declined for three consecutive days, with a general 24-hour drop of about 2% to 7%. Among them, the Layer2 sector fell by 7.13%. Within this sector, Starknet (STRK) dropped by 21.17%, SOON (SOON) fell by 30.60%, but Movement (MOVE) remained relatively strong, rising by 2.70%.

It is worth noting that Bitcoin (BTC) fell by 3.08%, dropping below $92,000, erasing its gains for the year. Ethereum (ETH) fell by 2.93%, once dropping below $3,000.

In other sectors, the DeFi sector dropped by 2.07% in 24 hours, but Hyperliquid (HYPE) and Uniswap (UNI) remained relatively strong, rising by 1.37% and 2.32% respectively; the CeFi sector fell by 2.10%, with Binance Coin (BNB) down by 2.21%; the AI sector dropped by 2.34%, with KAITO (KAITO) bucking the trend and rising by 15.03%; the Layer1 sector fell by 2.80%, with Internet Computer (ICP) surging by 20.17% during the session; the PayFi sector dropped by 3.29%, but Velo (VELO) rose by 15.47%; the Meme sector fell by 4.15%, with Giggle Fund (GIGGLE) up by 3.93%.

The crypto sector indices reflecting historical sector performance show that the ssiLayer2, ssiDeFi, and ssiMeme indices fell by 7.73%, 5.82%, and 3.95% respectively.