Crypto Market Sectors Fall Across the Board, DePIN Sector Drops Over 7%

Odaily: On November 6, according to SoSoValue data, crypto market sectors fell across the board. The DePIN sector dropped 7.31% in 24 hours, with Grass (GRASS) down 14.32%, Filecoin (FIL) down 8.47%, and Render (RENDER) down 5.72%. Bitcoin (BTC) fell 5.66%, dropping to the $76,000 mark; Ethereum (ETH) fell 7.71%, breaking below $2,300.

In other sectors, the CeFi sector dropped 3.63% in 24 hours, with Cronos (CRO) down 6.22%; the Layer1 sector fell 4.06%, with NEAR Protocol (NEAR) down 8.23% and Injective (INJ) up 2.94%; the PayFi sector fell 5.07%, with XRP down 7.19%; the Layer2 sector fell 5.10%, with Mantle (MNT) down 8.79%; the Meme sector fell 5.88%, with SPX6900 (SPX) down 9.72%; the DeFi sector fell 6.45%, with Ethena (ENA) down 10.58%.

Among the crypto sector indices reflecting historical sector performance, the ssiDePIN, ssiRWA, and ssiDeFi indices fell 7.24%, 7.17%, and 6.74%, respectively.