Market cautious sentiment is spreading, with Meme coins and DeFi sectors leading the decline, ZEC drops over 15%

MarsBitNews · 2026-01-08T12:48:18+00:00

Recently, the cryptocurrency market sentiment has been pessimistic, with Meme coins performing poorly. Bitcoin has fallen below $90,000, and ETH, SOL, DOGE, and others have also declined, increasing overall market pressure.

MarsBitNews

2026-01-08 12:48:18

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Mars Finance News: As Wall Street became cautious ahead of Friday’s employment data and the Supreme Court’s ruling on tariffs, assets that recently performed well such as Meme Coins suffered greater losses than major cryptocurrencies. Market sentiment in the crypto space turned pessimistic, with ETH, SOL, and DOGE falling between 2% and 6%, POL, CC, and WLFI dropping about 2%, and ZEC declining over 15%. Bitcoin fell below $90,000 during Asian trading hours, continuing a correction from around $93,600, with a recent decline of nearly 2%. Short-term support is around $89,200, which is the 50-day simple moving average.

MEME-0,02%

DEFI7,76%

ZEC-7,54%

ETH-1,03%

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