The crypto sector generally fell, but the AI sector rose against the trend for two consecutive days

According to SoSoValue data from Odaily, on October 16th, while all sectors of the crypto market declined, the AI sector bucked the trend, rising for two consecutive days, with a 24-hour gain of 4.51%. Within the sector, ChainOpera AI (COAI) surged another 56.47%, following yesterday's surge of over 25%. Meanwhile, Bitcoin (BTC) fell 1.29%, falling below $112,000. Meanwhile, Ethereum (ETH) dropped 2.60%, dropping to around $4,100.

In other sectors, the CeFi sector fell 1.99% in 24 hours. Within the sector, FTX (FTT) rose against the trend by 9.79%; the Layer 1 sector fell 2.57%, among which TRON (TRX) was relatively strong, rising 0.95%; the PayFi sector fell 2.69%, but Dash (DASH) rose 3.83%; the Meme sector fell 3.15%, and MemeCore (M) climbed 1.61% during the session; the DeFi sector fell 3.89%, and PancakeSwap (CAKE) fell 10.07%; the Layer 2 sector fell 4.74%, and within the sector, Mantle (MNT) and Zora (ZORA) fell 5.91% and 8.51% respectively.

The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiAI, ssiGameFi, and ssiLayer 2 indices fell by 5.00%, 4.86%, and 4.78%, respectively.