The crypto market is broadly down, but the NFT sector bucks the trend with nearly 30% gains
According to SoSoValue data on June 11, the crypto market sectors continued their downtrend. Among them, the AI sector fell by 3.37%, with Siren (SIREN) dropping 21.45% and Venice Token (VVV) falling 13.08%. However, Velvet (VELVET) surged 141.11%. Additionally, the NFT sector performed notably, rising 29.36% in 24 hours, with Audiera (BEAT) increasing by 55.70%.
Meanwhile, Bitcoin (BTC) rose 0.73%, trading in a narrow range around the $62,000 mark, while Ethereum (ETH) increased 0.24%, holding above the $1,600 level.
In other sectors, the CeFi sector fell 0.12% in 24 hours, but NEXO (NEXO) rose 3.62%; the Layer1 sector declined 1.22%, with NEAR Protocol (NEAR) falling 8.22%; the PayFi sector dropped 1.36%, while Monero (XMR) rallied 9.25% during the session; the Meme sector decreased 1.42%, with Binance Life (Binance Life) holding relatively firm, rising 6.67%; the Layer2 sector fell 2.16%, with Optimism (OP) declining 4.67%; and the DeFi sector dropped 2.80%, with LAB (LAB) falling 13.78%.
The crypto sector indices reflecting historical sector performance show that the ssiMAG7 and ssiCeFi indices rose 0.61% and 0.47%, respectively, while the ssiAI index fell 6.35%.
