According to SoSoValue data, the crypto market sectors experienced a broad sell-off, with 24-hour declines generally ranging from about 7% to 14%. The PayFi sector led the decline, dropping 13.86%. Within the sector, XRP and Litecoin (LTC) fell by 12.58% and 13.87% respectively, while Monero (XMR) plummeted 20.28%. Meanwhile, Bitcoin (BTC) fell 10.10%, briefly dipping below $60,000 during the session and currently recovering to above $65,000; Ethereum (ETH) dropped 10.08%, once falling to $1,700 and now trading around $1,900.
In other sectors, the DeFi sector fell 7.41% over 24 hours, but MYX Finance (MYX) and Hyperliquid (HYPE) bucked the trend, rising 9.68% and 6.07% respectively. The Layer1 sector declined 9.93%, with Zcash (ZEC) dropping 16.20%. The CeFi sector fell 10.64%, with OKB down 12.35%. The Meme sector dropped 12.17%, although MemeCore (M) showed relative resilience, gaining 2.78%. The Layer2 sector declined 13.06%, while zkSync (ZK) saw a 4.90% intraday rally.
Crypto sector indices reflecting historical sector performance showed that the ssiPayFi, ssiAI, and ssiDePIN indices fell by 15.49%, 14.96%, and 14.93% respectively.
Odaily According to data from Alternative.me, the Crypto Fear & Greed Index has dropped to 9 today, entering the "Extreme Fear" zone. This marks a further decline from yesterday's 12 and last week's 16. The data indicates a rapid deterioration in market sentiment in the short term. Last month, the index was still at 42, which is within the "Fear" level.
Note: The Fear & Greed Index has a threshold range of 0-100 and is composed of the following indicators: Volatility (25%) + Market Volume/Momentum (25%) + Social Media (15%) + Surveys (15%) + Bitcoin Dominance (10%) + Google Trends (10%).
Odaily News Bitcoin has fallen over 10% in the past 24 hours, briefly dropping to $63,000, marking its lowest level since October 2024 and potentially recording its largest single-day decline since the 2022 FTX incident. The selling pressure has spread to precious metals and U.S. stocks, with thin liquidity exacerbating a cascade of liquidations. Analysts point out that the $58,000 to $60,000 range, where the 200-day moving average lies, may serve as a key support level, with no clear bottoming signal yet in sight. (CoinDesk)
Odaily News Bitcoin treasury company Strategy released its Q4 2025 financial report, reporting a net loss of $12.4 billion, impacted by Bitcoin's approximately 22% decline during the quarter. Despite this, the company's revenue for the same period increased by 1.9% year-over-year to $123 million, primarily driven by its business intelligence segment. Bitcoin's further drop to $62,500 resulted in Strategy's 713,502 Bitcoin holdings incurring an unrealized loss of approximately 17.5%, with its stock price closing down 17% for the day. Management stated that the company holds $2.25 billion in cash reserves and has no significant debt maturing before 2027, indicating a resilient financial structure. (Cointelegraph)
