[LIVE] Crypto Market Update: Market Pullback Deepens: ETH Near $2.8K as Sector Indices Flash Steep Declines
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.
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We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Crypto markets broadly declined over the past 24 hours, led by steep selloffs in Layer-2 tokens. Sector data from SoSoValue shows drops ranging between 2% and 7%, with Layer-2 names sliding 6.71%. Zora, Linea and Movement posted double-digit losses of 10.39%, 10.41% and 13.61% respectively. Bitcoin slipped 1.71% to below $87,000 and Ethereum fell 4.27% to roughly $2,800. Other sector moves included PayFi down 3.27%, DeFi down 5.65%, Meme tokens down 4.65% and Layer-1 down 3.78%. Meanwhile, sector index declines were led by ssiAI (-8.39%), ssiDePIN (-7.14%) and ssiLayer2 (-7.06%).
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- [LIVE] Fed Payments Innovation Conference: Real-Time Updates as Federal Reserve Discusses Crypto, Stablecoins, and AI with Industry Leaders
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- Bitcoin Price Prediction: Saylor Says Quantum Computing Will ‘Harden’ Bitcoin — Is the 2026 Bull Run Locked In?
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