The crypto market suffered a heavy blow, ETH fell more than 10%, and BTC fell below $104,000

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PANews
06-13
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PANews news on June 13, according to SoSoValue data, due to the escalation of the Middle East situation, Israeli attacks on Iran, and various other factors, the crypto market sector experienced a comprehensive decline, with general drops ranging from 3% to 13%. Among them, Ethereum (ETH) fell by 10.07% in 24 hours, breaking below $2,500, and Bitcoin (BTC) dropped 4.42%, falling below $104,000.

In other sectors, the CeFi sector declined by 3.63% in 24 hours, but LEO Token (LEO) remained relatively strong, rising 1.30%; the PayFi sector dropped 6.77%, with Keeta (KTA), which had previously seen significant gains, falling 22.55%; the Layer1 sector declined 7.88%, with Cardano (ADA), Solana (SOL), and Sui (SUI) falling 10.93%, 11.40%, and 12.64% respectively; the GameFi sector dropped 10.64%, but boosted by rumors of Tencent's potential $1.5 billion acquisition of Nexon, the developer of MapleStory, NEXPACE (NXPC) bucked the trend and rose 8.20%; the Meme sector fell 11.71%, with Pepe (PEPE) and Fartcoin (FARTCOIN) declining 14.55% and 18.62% respectively; the DeFi sector dropped 11.73%, and the Layer2 sector fell 13.02%.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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