ChainCatcher News, March 4th: According to SoSoValue data, the overall crypto market sector is trending downward. Only Layer2, SocialFi, and RWA sectors remain relatively resilient, with 24-hour increases of 1.35%, 1.57%, and 0.12%, respectively. Within the Layer2 sector, Mantle (MNT) rose 3.42%. In the SocialFi sector, Chiliz (CHZ) increased by 5.69%. In the RWA sector, Sky (SKY) went up 1.42%. Meanwhile, the GameFi sector declined 12.34%, but Four (FORM) rose 20.40%, and WEMIX (WEMIX) increased 4.30%.
Bitcoin (BTC) fell 0.93%, dropping below $69,000; Ethereum (ETH) decreased 2.41%, falling below $2,000.
In other sectors, CeFi declined 0.58%; Layer1 decreased 0.78%, with XDC Network (XDC) up 9.41%; PayFi dropped 1.42%, but SafePal (SFP) rose 1.93%; DeFi declined 1.42%, while River (RIVER) defied the trend with a 22.30% increase; Meme sector fell 3.36%; AI sector decreased 3.49%, but Kite (KITE) rose 10.67%.
The crypto sector indices reflecting sector historical performance show that the ssiLayer2, ssiSocialFi, and ssiRWA indices increased by 1.93%, 1.68%, and 1.34%, respectively.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana on-chain revenue hits 18-month low, SOL may test $80 level
The Solana ecosystem has come under pressure recently, with SOL's price retreating from $97.70 to $87, representing a three-day decline of approximately 11%. Sentiment in the derivatives market is insufficient, with funding rates approaching historic lows, and on-chain DApp revenue has dropped to an 18-month low. Despite relatively solid performance on decentralized exchanges, new products and competition are putting pressure on capital flows. SOL is expected to remain range-bound and weak in the near term.
GateNews11m ago
Analysts Recommend Holding "Dry Powder" During Price Volatility, BTC Oscillates Near $70,000
Gate News reported that on March 20, a certain analyst advised investors to hold "dry powder" (referring to cash reserves or funds awaiting investment) during periods of price volatility. On Thursday, Bitcoin price fluctuated around $70,377.59 and moved in the direction of $69,000.
GateNews12m ago
PHA Soars 27.93% as Broader Crypto Market Shifts
PHA experienced a remarkable price surge of 27.93% in one hour, rising to $0.0426 amid mixed market signals. Increased trading volume and speculative interest suggest a shift in investor sentiment towards altcoins, highlighting potential breakout levels to watch.
Coinfomania32m ago
Cryptocurrency Fear and Greed Index Falls to 11, Market Panic Sentiment Rises Significantly
Gate News: On March 20, according to Alternative data, today's cryptocurrency Fear and Greed Index is 11, down significantly from 23 yesterday, indicating a notable rise in market panic sentiment. The index threshold ranges from 0-100 and is composed of the following indicators: volatility accounts for 25%, market trading volume accounts for 25%, social media heat accounts for 15%, market surveys account for 15%, Bitcoin's proportion in the overall market accounts for 10%, and Google Trends analysis accounts for 10%.
GateNews39m ago
Mainstream CEX and DEX funding rates show the market maintains a comprehensive bearish outlook
On March 20th, Gate News reported that according to Coinglass data, Bitcoin experienced a slight pullback, with funding rates on mainstream CEX and DEX showing an overall bearish market sentiment. Funding rates impact traders' costs and returns, with rates below 0.005% indicating widespread market bearish outlook.
GateNews46m ago
Sophisticated traders shift focus to Bitcoin volatility amid directional trading challenges
Traders are turning to volatility-based strategies in Bitcoin markets as they often struggle to profit despite correctly predicting market direction. This shift highlights the growing focus on market volatility among sophisticated traders.
GateNews51m ago
