The crypto sector broadly declined, with the DeFi sector dropping over 9% while BTC saw a slight rebound

According to SoSoValue data, the crypto market sectors broadly declined, with the DeFi sector falling 9.16% in 24 hours. Within the sector, Hyperliquid (HYPE), which had previously been hitting consecutive all-time highs, corrected by 9.15%, and LAB (LAB) dropped 37.47%. However, DeXe (DEXE) bucked the trend, rising 14.58%. Meanwhile, the GameFi and NFT sectors remained relatively resilient, gaining 0.49% and 1.38% respectively. Within the GameFi sector, Audiera (BEAT) surged 20.27%, and within the NFT sector, APENFT (NFT) edged up 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) gaining 0.12%. The PayFi sector declined 1.55%, while Telcoin (TEL) rose 24.29%. The Meme sector dropped 2.01%, but Siren (SIREN) increased by 28.48%. The Layer1 sector fell 4.10%, with Humanity (H) showing relative strength, up 3.90%. The Layer2 sector declined 5.59%, with Starknet (STRK) rallying 3.48% during the session.

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