Gate News reports that on March 20, the crypto market sector declined for the third consecutive day. The SocialFi sector dropped 4.65% over the past 24 hours, with Toncoin (TON) falling 5.48%. Bitcoin (BTC) decreased 0.88% in 24 hours, briefly dropping below $69,000 during the day, but the decline narrowed, and it rebounded above $70,000. Ethereum (ETH) declined 1.94%, falling below $2,200.
The GameFi sector performed well, rising 0.24% in 24 hours, with Axie Infinity (AXS) up 3.84%. Other sectors included the PayFi sector, which fell 0.50%, while eCash (XEC) rose 2.55%. The Meme sector declined 1.15%, but PIPPIN (PIPPIN) surged 12.38%. The Layer1 sector fell 1.31%, with Zcash (ZEC) down 6.13%. The Layer2 sector declined 1.43%, with Celestia (TIA) down 3.08%. The CeFi sector dropped 1.45%, with OKB (OKB) down 3.15%. The DeFi sector decreased 1.49%, but Morpho Token (MORPHO) remained relatively strong, rising 2.15%.
The crypto sector indices reflecting sector performance show that the ssiSocialFi, ssiDeFi, and ssiLayer1 indices fell 4.89%, 1.62%, and 1.23%, respectively.
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