Crypto markets saw widespread declines, with BTC falling below $70,000 and ETH dropping over 4%.

PANews reported on February 11th that, according to SoSoValue data, the cryptocurrency market experienced a broad decline after a brief rebound. Bitcoin (BTC) fell 1.93% in the past 24 hours, dropping below $70,000, while Ethereum (ETH) fell 4.51%, reaching the $2,000 mark. Meanwhile, DeFi fell 3.81%, but River (RIVER) rose for the second consecutive day, gaining another 29.23% in the past 24 hours.

In other sectors, the PayFi sector fell 2.12% in the last 24 hours, with Monero (XMR) showing relative resilience, rising 1.93%; the CeFi sector fell 2.46%, but Aster (ASTER) rose 6.35%; the Layer 2 sector fell 2.72%, with Starknet (STRK) falling 4.93%; the Layer 1 sector fell 2.95%, with Canton Network (CC) rising 0.58% intraday; and the Meme sector fell 2.96%, while PIPPIN (PIPPIN) surged 33.18%.