Bitcoin Drives Crypto Market Widespread Decline: CeFi Sector
November 13, 2026, the crypto market fell overall. The CeFi sector fell 3.21% in 24 hours, and BTC fell below $71,000. The DeFi and NFT sectors rose 0.13% and 0.75%, respectively, with projects such as PYTH and JUP posting significant gains. The Meme sector and Layer2 sector underperformed, and some coins saw relatively large fluctuations.
Event Timeline
- [11-13 02:01] The CeFi sector fell 3.21% in 24 hours, while the DeFi and NFT sectors were relatively resilient (Odaily 星球日报)
- [11-13 02:01] The crypto market continued to decline, with the CeFi sector falling over 3%, and only the DeFi and NFT sectors were relatively resilient (PANews)
Background and Impact
On November 13, 2026, the crypto market fell overall. According to SoSoValue data, the CeFi sector fell 3.21% in 24 hours, among which Binance Coin (BNB) fell 3.65%, Cronos (CRO) fell 3.48%, and Gate (GT) fell 8.28%, while Aster (ASTER) rose 1.46% against the trend. Bitcoin (BTC) fell 3.77%, falling below $71,000; Ethereum (ETH) fell 1.94%, dropping to the $2,000 mark. The market overall showed divergence, with some coins outperforming the broader market.
The DeFi and NFT sectors were relatively resilient in the declining environment. The DeFi sector rose 0.13% in 24 hours, Pyth Network (PYTH) rose 3.60%, and Jupiter (JUP) rose 3.32%. The NFT sector rose 0.75%, APENFT (NFT) rose 4.77%, and ApeCoin (APE) rose 3.31%. This performance may be related to liquidity demand for DeFi protocols and demand for specific projects in the NFT market.
Other sectors saw varying degrees of decline. The Meme sector fell 0.67% in 24 hours, Binance Life fell 4.75%, but MemeCore (M) rallied 5.41% intraday. The Layer2 sector fell 0.96%, and STX fell 6.17%. Market volatility intensified, some projects saw short-term rebounds, but the overall trend remained downward. Notably, Source 1 mentioned that BTC fell below $71,000; Source 2 did not specify that price point, but both showed that BTC fell 3.77%.
The Layer1 sector was not fully presented in the sources, with only STX's 6.17% decline mentioned. Market participants need to pay attention to dynamic changes in various sectors, especially the divergence trend between CeFi and DeFi. Some projects such as ASTER, APENFT (NFT), and ApeCoin (APE) outperformed major coins during the decline cycle.
FAQ
### Which exchange coins performed relatively well?
In the CeFi sector, BNB, CRO, GT and other coins fell significantly, but ASTER rose against the trend. In the DeFi and NFT sectors, PYTH, JUP, APENFT (NFT), and APE posted significant gains; specific performance may be related to exchange ecosystems.
### Is the rise in the DeFi and NFT sectors sustainable?
The current rise may be driven by short-term capital flows or demand for specific projects, but it needs to be judged in conjunction with the overall market trend and project fundamentals; long-term trends cannot be predicted.
### Does BTC falling below $71,000 mean a market bottom has formed?
BTC price fluctuations need to be comprehensively analyzed in conjunction with macroeconomics, on-chain data, and market sentiment; a single price point cannot directly define a market bottom.