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

According to SoSoValue data, the crypto market sectors are generally declining. The DeFi sector dropped 9.16% in 24 hours. Within the sector, Hyperliquid (HYPE), which had previously been hitting consecutive all-time highs, corrected by 9.15%, LAB (LAB) fell 37.47%, but DeXe (DEXE) bucked the trend and rose 14.58%. However, the GameFi and NFT sectors remained relatively resilient, rising 0.49% and 1.38% respectively. Within the GameFi sector, Audiera (BEAT) surged 20.27%, while in the NFT sector, APENFT (NFT) increased by 0.15%.

Additionally, Bitcoin (BTC) saw a slight rebound of 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%, while Telcoin (TEL) increased by 24.29%; the Meme sector fell 2.01%, but Siren (SIREN) rose 28.48%; the Layer1 sector declined 4.10%, with Humanity (H) relatively resilient, up 3.90%; the Layer2 sector fell 5.59%, with Starknet (STRK) rebounding 3.48% during the session.

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