Market decline worsens – NFTs fall particularly sharply, while crypto declines

LiquidationSurvivor · 2026-01-13T08:29:18+00:00

The cryptocurrency market is experiencing significant pressure, particularly in the NFT sector, which has seen losses over 9%. Bitcoin and Ethereum show minor declines, while various sectors like PayFi and DeFi also face downturns, indicating a period of consolidation for investors.

LiquidationSurvivor

2026-01-13 08:29:18

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The cryptocurrency market is currently under sustained pressure, with the NFT sector experiencing the strongest losses. With a decline of over 9%, the digital art market leads the downward movement. Notably, the price of Audiera (BEAT) plummeted by 7.43% within 24 hours – a clear sign of volatility in the NFT environment.

Bitcoin and Ethereum Under Pressure

The flagship cryptocurrencies are also showing weakness. Bitcoin (BTC) is currently trading at $92.02K, having experienced a moderate decrease of 0.52% in the last 24 hours. Ethereum (ETH) is also in the red, with a decline of 0.54% to $3.13K. These relatively modest losses for the two giants contrast sharply with the more dramatic drops in other areas of the market.

Broader Sector Decline and Mixed Signals

The downturn is not limited to NFTs. PayFi, AI, and DeFi sectors are also showing declines between 2% and 9%. However, there are also differential movements to observe here: while Pengu (PENGU) fell by 0.28%, ApeCoin (APE) managed a slight gain of 0.04%. These differing performances highlight that crypto does not fall equally everywhere – some assets perform better than others.

The current market dynamics display typical features of a consolidation phase, where investors reconsider their positions and sectors begin to reallocate.

BEAT1,43%

BTC-0,85%

ETH-0,27%

DEFI5,49%

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