Most Cryptocurrency Markets Pull Back, But SocialFi and AI Sectors See Minor Gains

According to data from SoSoValue, influenced by macro factors such as minor clashes between the US and Iran on Sunday, the overall cryptocurrency market sectors are trending downward. Bitcoin (BTC) fell 1.11% in the past 24 hours, dropping to around $74,000, while Ethereum (ETH) fell 2.37%, breaking below $2,300. However, sectors like SocialFi and AI saw minor gains, rising 1.92% and 0.95% respectively in the past 24 hours. Within the SocialFi sector, Toncoin (TON) and Chiliz (CHZ) rose by 1.49% and 4.60% respectively. In the AI sector, Pieverse (PIEVERSE) surged 77.43%, and Venice Token (VVV) rose 4.89%.

In other sectors, the CeFi sector fell 0.86% in the past 24 hours, but Bitget Token (BGB) rose 1.35%; the Layer1 sector fell 1.06%, with Canton Network (CC) showing relative resilience, up 1.64%; the PayFi sector fell 1.46%, while Monero (XMR) saw an intraday increase of 0.41%; the Meme sector fell 2.17%, with MemeCore (M) dropping 6.03%; the DeFi sector fell 2.24%, but Reserve Rights (RSR) bucked the trend with a 10.52% gain; the Layer2 sector fell 2.28%, with Arbitrum (ARB) down 0.39%.

The cryptocurrency sector indices reflecting historical sector performance show that the ssiMeme, ssiDeFi, and ssiLayer2 indices fell by 3.00%, 2.70%, and 2.63% respectively.