Crypto Market Slides as Bitcoin Falls Below $91K and DePIN Tokens Lead Losses

Crypto markets declined as Bitcoin fell below $91K and DePIN tokens led sector losses, although a few altcoins posted gains despite widespread negative sentiment.

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4 days ago

Crypto Market Slides as Bitcoin Falls Below $91K and DePIN Tokens Lead Losses

Crypto Market Slides as Bitcoin Falls Below $91K and DePIN Tokens Lead Losses
Crypto markets weakened sharply over the past 24 hours, led by a steep 4% decline in DePIN tokens as Filecoin dropped 7.5% and Render fell 5.5%. Bitcoin slipped 1.41% to trade under $91,000, while Ethereum dipped below $3,200. Sector-wide pressure persisted with Layer 1, Layer 2, CeFi, and DeFi indices posting losses. Despite the downturn, select tokens such as Mantle, Hyperliquid, Ultima, Pieverse and PIPPIN managed solid gains, outperforming broader market sentiment.
Tags:
  • Bitcoin
  • Ethereum