The crypto market continued its downward trend, with the meme sector leading the decline, falling by more than 5%, but BTC bucked the trend and rose.

PANews reported on February 9th that, according to SoSoValue data, the cryptocurrency market continued its downward trend. The Meme sector fell 5.01% in the last 24 hours, with MemeCore (M), which had previously seen significant gains, falling 29.56%. However, BUILDon (B) and PIPPIN (PIPPIN) bucked the trend, rising 11.24% and 39.36% respectively. Meanwhile, Ethereum (ETH) fell 1.67%, remaining above $2,000. Notably, Bitcoin (BTC) remained relatively strong, rising 1.13% and breaking through $70,000.

In other sectors, the PayFi sector fell 0.82% in the last 24 hours, with Telcoin (TEL) rising 1.82% within the sector; the DeFi sector fell 0.85%, with Hyperliquid (HYPE) surging 3.26% intraday; the CeFi sector fell 0.94%, but Aster (ASTER) surged 8.19%; the Layer 1 sector fell 1.87%, with Kaspa (KAS) rising 6.03%; and the Layer 2 sector fell 1.91%, with Stacks (STX) falling 3.20%.

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Author: PA一线

This content is for market information only and is not investment advice.

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