Crypto sectors broadly decline, with DeFi sector dropping over 9% and BTC seeing a slight rebound

Odaily Odaily reports that according to SoSoValue data, the crypto market sectors have broadly declined, with the DeFi sector dropping 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) fell 37.47%, but DeXe (DEXE) bucked the trend and rose 14.58%. However, 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) rose 0.15%.

Additionally, Bitcoin (BTC) saw a slight rebound of 1.33%, breaking above $63,000; 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%, with Telcoin (TEL) rising 24.29%; the Meme sector fell 2.01%, but Siren (SIREN) surged 28.48%; the Layer 1 sector fell 4.10%, with Humanity (H) relatively resilient, rising 3.90%; the Layer 2 sector fell 5.59%, with Starknet (STRK) experiencing an intraday rally of 3.48%.

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.