Bitcoin Drops Below $60K, Meme Tokens Plunge 13.75% Over Three-Day Decline

According to SoSoValue data, the crypto market declined for three consecutive days. Bitcoin dropped 3.36% and briefly fell below $60,000, while Ethereum declined 3.35% to around $1,600.

The Meme sector led losses with a 24-hour decline of 13.75%, with MemeCore (M) tumbling 67.51% and Pump.fun (PUMP) falling 10.90%. The NFT sector also declined 9.99%. Most other sectors posted smaller losses, though DeFi bucked the trend with a 1.69% gain.