The crypto market generally declined, with the GameFi sector leading the drop at nearly 5%, and BTC falling below $88,000.

On January 26th, according to SoSoValue data, the cryptocurrency market generally declined, with the GameFi sector leading the decline at 4.90% in the past 24 hours. Within the sector, The Sandbox (SAND) fell 8.85%, and Axie Infinity (AXS) fell 18.23%, but Beam (BEAM) bucked the trend, rising 19.02%. Meanwhile, Bitcoin (BTC) fell 1.84%, dropping below $88,000; Ethereum (ETH) fell 2.34%, dropping below $2,900. In other sectors, the CeFi sector fell 1.55% in the last 24 hours, with Aster (ASTER) down 6.86%; the PayFi sector fell 2.03%, with Monero (XMR) down 10.25%; the Meme sector fell 2.10%, with PIPPIN (PIPPIN) down 18.01%; the Layer 1 sector fell 2.25%, with TRON (TRX) relatively resilient, rising 0.34%; the DeFi sector fell 3.10%, with River (RIVER) surging 30.71% intraday; and the Layer 2 sector fell 4.63%, but Movement (MOVE) rose 2.38%. Crypto sector indices reflecting historical sector performance show that the ssiGameFi, ssiLayer2, and ssiAI indices fell 6.05%, 4.93%, and 4.39%, respectively.