PANews reported on October 17th that according to SoSoValue data, crypto markets across the board saw declines. Decrypt led the way with a 7.18% 24-hour drop. Within the sector, Render (RENDER) fell 7.05%, and Filecoin (FIL) dropped 7.58%. Additionally, Bitcoin (BTC) dropped 2.19%, falling below $109,000. Ethereum (ETH) fell 2.14%, falling below $4,000.

In other sectors, the PayFi sector fell 3.03% in 24 hours. Within the sector, Monero (XMR) and Telcoin (TEL) fell 6.56% and 9.94% respectively; the CeFi sector fell 3.08%, of which Cronos (CRO) fell 8.03%; the Layer1 sector fell 3.71%, and Sui (SUI) fell 7.62%; the Layer2 sector fell 3.74%, but Zora (ZORA) rose against the trend by 18.68%; the DeFi sector fell 3.81%, Aave (AAVE) fell 7.58%; the Meme sector fell 4.43%, and Pump.fun (PUMP) fell 11.13%.