Data: Most of the cryptocurrency market has retraced, but sectors like SocialFi and AI have seen slight increases
According to SoSoValue data, influenced by macro factors such as the small-scale skirmish between the U.S. and Iran on Sunday, the overall trend of the cryptocurrency market is downward. btc-42">Bitcoin (BTC) fell 1.11% in 24 hours, dropping to around $74,000, while Ethereum (ETH) decreased by 2.37%, falling below $2,300.
However, sectors like SocialFi and AI saw slight increases, with 24-hour gains of 1.92% and 0.95%, respectively. Within the SocialFi sector, Toncoin (TON) and Chiliz (CHZ) rose by 1.49% and 4.60%, respectively. In the AI sector, Pieverse (PIEVERSE) surged by 77.43%, and Venice Token (VVV) increased by 4.89%.
In other sectors, the CeFi sector fell by 0.86% in 24 hours, but Bitget Token (BGB) rose by 1.35%; the Layer1 sector decreased by 1.06%, with Canton Network (CC) remaining relatively strong, increasing by 1.64%; the PayFi sector dropped by 1.46%, while Monero (XMR) gained 0.41% during the day; the Meme sector fell by 2.17%, with MemeCore (M) declining by 6.03%; the DeFi sector decreased by 2.24%, but Reserve Rights (RSR) rose against the trend by 10.52%; the Layer2 sector fell by 2.28%, with Arbitrum (ARB) down by 0.39%.
The cryptocurrency sector indices reflecting historical market trends show that the ssiMeme, ssiDeFi, and ssiLayer2 indices fell by 3.00%, 2.70%, and 2.63%, respectively.
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