The crypto market rallied and then retreated, with the RWA sector leading the decline at 4.18%.

CoinFeed reported on April 9th ​​that, according to SoSoValue data, the cryptocurrency market experienced a brief surge followed by a pullback, exhibiting a general downward trend again, influenced by factors such as the renewed conflict in the Middle East. The RWA sector performed weakly, leading the decline with a 4.18% drop in the last 24 hours, with Pendle (PENDLE) falling 5.94% and Ondo Finance (ONDO) falling 5.64%. Meanwhile, Bitcoin (BTC) fell 0.95%, dropping below $71,000; Ethereum (ETH) fell 2.72%, recovering to above $2,100.