Real-World Asset Sector Leads Crypto Declines With 6.33% Drop

Crypto market sectors fell broadly late Wednesday, with the real-world asset (RWA) sector posting the largest decline at 6.33%. Bitcoin and Ether also fell. Maple Finance (SYRUP) fell 10.24%, while Sky (SKY) dropped 7.80% and Ondo (ONDO) lost 6.22%. Layer 2 tokens declined 4.42%, PayFi fell 4.10%, meme tokens shed 3.73% and decentralized finance (DeFi) dropped 3.63%. Layer 1 tokens lost 2.88%, while centralized finance (CeFi) was down 1.74%. Bitcoin (BTC) fell 1.93%, slipping below $82,000. Ether (ETH) declined 3.61% and traded near $2,400.

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