The crypto market trends downward amid volatility, AI sector surges over 3%, BTC falls below $76,000

Odaily News, May 27th, according to SoSoValue data, the crypto market is trending downward amid overall volatility. The AI sector stood out, rising 3.41% in 24 hours. Within the sector, Worldcoin (WLD) gained 12.03%, Unibase (UB) rose 11.52%, and Fetch.ai (FET) increased 9.62%. Additionally, Bitcoin (BTC) fell 1.03%, dropping below $76,000; Ethereum (ETH) declined 0.85%, falling below $2,100.

Other standout sectors include: the DePIN sector, which rose 2.75% in 24 hours, with Aethir (ATH) gaining 12.30%; the Meme sector increased by 0.98%, with Siren (SIREN) up 7.25%; the DeFi sector rose 0.58%, with dYdX (DYDX) up 11.30%; and the CeFi sector edged up 0.17%, with OKB (OKB) climbing 7.39%.

In other sectors, the Layer 2 sector declined 0.15%, though Arbitrum (ARB) gained 2.62%; the Layer 1 sector fell 0.34%, with Cosmos Hub (ATOM) up 5.25%; and the PayFi sector dropped 0.49%, with Safe (SAFE) decreasing 4.95%.

Reflecting historical sector performance, the crypto sector indices show that the ssiSocialFi, ssiGameFi, and ssiLayer 2 indices rose by 3.78%, 1.34%, and 0.49%, respectively.