Cryptocurrency sectors mostly decline, DeFi sector drops over 9%, BTC rebounds slightly

According to SoSoValue data, the cryptocurrency market sectors have generally declined, with the DeFi sector falling 9.16% in 24 hours. Within the sector, Hyperliquid (HYPE), which had been continuously hitting new all-time highs, corrected by 9.15%, LAB (LAB) dropped 37.47%, while DeXe (DEXE) bucked the trend and rose 14.58%. However, the GameFi and NFT sectors were relatively resilient, rising 0.49% and 1.38% respectively. Within the GameFi sector, Audiera (BEAT) surged 20.27%, while within the NFT sector, APENFT (NFT) increased by 0.15%.

Additionally, Bitcoin (BTC) rebounded slightly by 1.33%, breaking through the $63,000 mark; Ethereum (ETH) continued its decline, falling 0.92% and dropping below $1,800.

In other sectors, the CeFi sector fell 1.37% in 24 hours, with Cronos (CRO) rising 0.12%; the PayFi sector dropped 1.55%, but Telcoin (TEL) increased by 24.29%; the Meme sector declined 2.01%, while Siren (SIREN) rose 28.48%; the Layer1 sector fell 4.10%, with Humanity (H) being relatively resilient, up 3.90%; the Layer2 sector declined 5.59%, with Starknet (STRK) rallying 3.48% during the session.

Reflecting historical sector performance, the cryptocurrency sector indices show that the ssiSocialFi, ssiAI, and ssiDePIN indices fell 8.90%, 8.40%, and 7.49%, respectively.