Crypto sectors posted broad losses on Oct. 8, with the RWA segment leading the decline, according to data from SoSoValue cited by Odaily. The RWA sector fell 6.73% over 24 hours, with Sky (SKY) down 9.85% and Ondo Finance (ONDO) off 3.61%. Bitcoin (BTC) lost 2.41% and briefly fell below $83,000 during the session, while Ethereum (ETH) dropped 3.86% and moved below $2,600.
Other sectors also traded lower. CeFi fell 1.05%, with Cronos (CRO) down 4.56%. Layer1 declined 1.70%, though NEAR Protocol (NEAR) rose 5.40%. DeFi lost 3.09%, with Morpho Token (MORPHO) down 4.46%. Layer2 dropped 3.33%, including a 4.78% fall in ImmutableX (IMX). PayFi fell 3.58%, while Telcoin (TEL) lost 4.61%. The Meme sector was down 3.61%, with Cash Cat (CASHCAT) falling 7.65%.
Sector indexes tracking historical performance also moved lower. The ssiRWA, ssiDePIN, and ssiSocialFi indexes fell 6.42%, 5.84%, and 4.79%, respectively.
Crypto market sectors were broadly lower on Oct. 8, with the RWA segment posting the sharpest decline, according to SoSoValue data cited by Odaily.
RWA fell 6.73% over the past 24 hours. Within the sector, Sky (SKY) dropped 9.85%, while Ondo Finance (ONDO) fell 3.61%.
Among major assets, Bitcoin (BTC) was down 2.41% and briefly traded below $83,000 intraday. Ethereum (ETH) fell 3.86% and moved below $2,600.
Other sectors also posted losses
CeFi declined 1.05% over 24 hours, with Cronos (CRO) down 4.56%.
Layer1 fell 1.70%, although NEAR Protocol (NEAR) rose 5.40%.
DeFi lost 3.09%, while Morpho Token (MORPHO) dropped 4.46%.
Layer2 was down 3.33%, with ImmutableX (IMX) falling 4.78%.
PayFi declined 3.58%, and Telcoin (TEL) lost 4.61%.
The Meme sector fell 3.61%, with Cash Cat (CASHCAT) down 7.65%.
Sector indexes moved lower as well
Crypto sector indexes tracking historical market performance also declined. The ssiRWA, ssiDePIN, and ssiSocialFi indexes fell 6.42%, 5.84%, and 4.79%, respectively.
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