Cryptocurrency Market Experiences Minor Correction, Only DePIN and AI Sectors Remain Relatively Resilient
Odaily News On January 7th, according to SoSoValue data, various sectors of the cryptocurrency market experienced a minor correction after consecutive gains. Only the DePIN and AI sectors remained relatively resilient, rising by 0.04% and 1.06% respectively over the past 24 hours. Within the DePIN sector, Render (RENDER) rose by 2.57%, and Golem (GLM) increased by 3.56%. In the AI sector, Bittensor (TAO) climbed 5.63%, and Fartcoin (FARTCOIN) gained 5.70%.
Additionally, Bitcoin (BTC) fell by 1.55%, dropping below $93,000. Ethereum (ETH) rose by 0.61%, maintaining its position above $3,200.
Regarding other sectors, the Layer1 sector declined by 0.22% over 24 hours, though Cosmos Hub (ATOM) within it rose by 4.02%. The DeFi sector fell by 0.25%, but River (RIVER) surged by 16.74%. The CeFi sector dropped by 0.58%, while MX (MX) increased by 0.98%. The Layer2 sector decreased by 1.42%, with zkSync (ZK) showing relative resilience, up by 2.40%. The previously high-performing Meme sector fell by 2.30%, yet MemeCore (M) within the sector bucked the trend, rising by 6.40%. The PayFi sector declined by 4.11%, with Velo (VELO) increasing by 3.64%.
The cryptocurrency sector indices reflecting historical performance showed that the ssiAI, ssiLayer1, and ssiDeFi indices rose by 1.74%, 0.50%, and 0.23% respectively.
