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BTCC / BTCC Square / Global Cryptocurrency /
Crypto Markets Retreat as PayFi and DeFi Lead Declines

Crypto Markets Retreat as PayFi and DeFi Lead Declines

Author:
Global Cryptocurrency
Published:
2025-12-05 06:43:01
12
3
BTCCSquare news:

Bitcoin slipped below $93,000 amid a broad market pullback, with the PayFi sector dropping nearly 4%. ethereum fell under $3,200 while XRP lost 4.37%. Layer 1 tokens showed divergence—Zcash surged 10% as Merlin Chain spiked 9% intraday.

Pockets of strength emerged: Dash and ULTIMA gained over 3% and 5% respectively, while OKB and MYX Finance defied the downtrend. Sector indices reflected cooling sentiment, with CeFi, Layer 1, and DeFi indices down 2-4.4%.

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