According to data, under the market panic caused by "peer-to-peer tariffs", the crypto market suffered a heavy blow, with a total market value falling by 8.18%. The crypto sector generally fell by about 4% to 12% in 24 hours, and Ethereum (ETH) fell by 11.71% in 24 hours, falling below the $1,600 mark, smoothing out the gains in the past 18 months. Bitcoin (BTC) fell 5.11%, and fell below $78,000 intraday. In other sectors, the CeFi sector fell 4.95% in 24 hours, and within the sector, Hyperliquid (HYPE) fell 9.30%; the Layer1 sector fell 7.74%, among which Solana (SOL) and Cardano (ADA) fell 10.95% and 10.46% respectively; the Layer2 sector fell 8.92%, the PayFi sector fell 9.75%, and XRP fell 10.04%; the DeFi sector fell 10.27%, Chainlink (LINK) and Uniswap (UNI) fell 11.41% and 11.91% respectively; the Meme sector fell 10.35%. In addition, the crypto sector index reflecting the historical market of the sector shows that ssiDeFi, ssiMeme, and ssiSocialFi fell 11.26%, 10.49%, and 10.27% respectively in 24 hours.