The crypto market is broadly down, with the PayFi sector falling 4.86%, and BTC dropping below $74,000

Odaily reports: On November 11, according to SoSoValue data, the crypto market sectors overall trended downward. The PayFi sector fell 4.86% in 24 hours, with Zcash (ZEC) down 12.42%, Dash (DASH) down 6.37%, and XRP (XRP) down 3.76%. Bitcoin (BTC) fell 1.66%, dropping below $74,000; Ethereum (ETH) fell 3.09%, dropping below $2,100.

In other sectors, the Layer2 sector fell 2.29% in 24 hours, with Mantle (MNT) down 5.26%; the DeFi sector fell 2.25%, with Aave (AAVE) down 5.77% and Lighter (LIT) up 10.41%; the Layer1 sector fell 2.02%, with Solana (SOL) down 3.53%; the CeFi sector fell 1.18%, with NEXO (NEXO) down 2.34%.

The SocialFi sector rose 6.91% in 24 hours, with Gram (GRAM) up 7.768%; the Meme sector rose 0.14%, with Pepe (PEPE) up 7.21%. Crypto sector indices reflecting historical sector performance show that the ssiSocialFi, ssiDePIN, and ssiGameFi indices rose 7.70%, 0.79%, and 0.06%, respectively.