Crypto market sectors real-world assets (RWAs) and quantum-resistant cryptocurrencies recorded notable gains despite broader macroeconomic pressures, according to a Binance Research report on Monday.

RWA sector soars despite 3% decline in crypto market cap

The report stated that the total crypto market cap declined 3.3% in May to $2.55 trillion as inflation concerns, rising bond yields and shifting expectations for Federal Reserve (Fed) policy weighed on risk assets.

As a result, Bitcoin struggled to maintain key technical support levels, while spot Bitcoin exchange-traded funds (ETFs) recorded net outflows of $1.1 billion during the month.

“BTC tested the 200-day moving average and short-term holder realized price but failed to hold — a…