The crypto sector is broadly down, with the DeFi sector falling over 9% while BTC sees a slight rebound

According to SoSoValue data, the crypto market sectors are broadly declining, 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%, but DeXe (DEXE) bucked the trend with a 14.58% gain. 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%, and within the NFT sector, APENFT (NFT) rose 0.15%.

Additionally, Bitcoin (BTC) saw a slight rebound of 1.33%, breaking through the $63,000 mark; Ethereum (ETH) continued to decline by 0.92%, falling below $1,800.

In other sectors, the CeFi sector fell 1.37% in 24 hours, with Cronos (CRO) rising 0.12%; the PayFi sector declined 1.55%, with Telcoin (TEL) rising 24.29%; the Meme sector dropped 2.01%, but Siren (SIREN) rose 28.48%; the Layer1 sector fell 4.10%, with Humanity (H) remaining relatively strong, up 3.90%; and the Layer2 sector dropped 5.59%, with Starknet (STRK) gaining 3.48% intraday.

Crypto sector indices reflecting historical performance show that the ssiSocialFi, ssiAI, and ssiDePIN indices fell by 8.90%, 8.40%, and 7.49% respectively.