TechFlow news, on March 10, according to SoSoValue data, all cryptocurrency market sectors experienced a broad downturn, with 24-hour declines generally ranging from around 4% to 10%. Bitcoin (BTC) dropped 4.73%, hitting a low near the $80,000 mark, while Ethereum (ETH) fell 6.35%, briefly dropping below $2,000. Additionally, within the Trump Crypto Strategic Reserve sector, XRP, Solana (SOL), and Cardano (ADA) declined by 6.41%, 7.10%, and 7.53% respectively.
In other sectors, CeFi dropped 4.98% over 24 hours, with Binance Coin (BNB) and Bitget Token (BGB) falling 5.12% and 5.95% respectively. PayFi declined 6.22%, Layer1 fell 6.36%, Layer2 dropped 7.06%, and DeFi plunged 7.66%; within DeFi, Ethena (ENA) remained relatively resilient, rising 0.34%. The Meme sector tumbled 9.12%, with most tokens in the sector seeing market capitalizations retreat to November 2024 levels.
