Crypto Market Experiences Volatile Adjustment, DeFi Sector Rises 1.42%

Odaily News On March 12th, according to data from SoSoValue, the overall crypto market showed a volatile adjustment trend, with the DeFi sector performing relatively well, rising 1.42% in 24 hours. Among them, Hyperliquid (HYPE) rose 5.02%, and River (RIVER) rose 7.99%. Bitcoin (BTC) and Ethereum (ETH) experienced narrow-range fluctuations, consolidating around the $70,000 and $2,000 levels respectively.

In other sectors, the SocialFi sector rose 1.66% in 24 hours, with Toncoin (TON) within the sector rising 2.45%; the Layer1 sector rose 0.71%, with Internet Computer (ICP) rising 6.90%; the Layer2 sector rose 0.42%, with ImmutableX (IMX) rising 3.82%; the CeFi sector rose 0.38%, with NEXO (NEXO) rising 1.00%; the Meme sector fell 0.31%, but Siren (SIREN) rose 6.48%; the PayFi sector fell 0.45%, with SafePal (SFP) rising 2.04%.

The crypto sector indices reflecting historical sector performance showed that the ssiRWA, ssiDeFi, and ssiDePIN indices rose 2.52%, 2.32%, and 2.12% respectively.