Crypto markets fell across the board, with the CeFi sector leading the decline, dropping more than 5%, and ETH falling below $3,000.

PANews reported on January 21 that, according to SoSoValue data, the cryptocurrency market generally declined today, with the CeFi sector leading the decline at 5.06% in the past 24 hours. Within the CeFi sector, OKB fell 4.99%, Aster (ASTER) fell 5.30%, and Binance Coin (BNB) fell 5.43%, but MX (MX) remained relatively strong, rising 0.38%. Meanwhile, Bitcoin (BTC) fell 4.00%, briefly dipping below $88,000, and is currently trading at $89,000; Ethereum (ETH) fell 7.06%, breaking below $3,000.

In other sectors, the Meme sector fell 3.09% in the last 24 hours, with SPX6900 (SPX) down 9.59%; the RWA sector fell 3.16%, but Keeta (KTA) rose 7.74%; the Layer 2 sector fell 4.12%, with SOON (SOON) down 8.10%; the PayFi sector fell 4.56%, with Monero (XMR) down 18.70%; the DeFi sector fell 4.60%, with River (RIVER) maintaining its upward trend, rising another 11.13% intraday; and the Layer 1 sector fell 4.63%, with Canton Network (CC) rising 10.62%.