The broader crypto market is broadly declining, with only the NFT, GameFi, and SocialFi sectors posting gains.

Odaily Planet Daily News According to SoSoValue data, the cryptocurrency market sectors are generally experiencing a downward trend. The DeFi sector fell 5.08% in 24 hours, with Hyperliquid (HYPE) dropping 8.86% and LAB (LAB) falling 25.19%. Meanwhile, Bitcoin (BTC) fell 1.50%, with the price breaking below $62,000; Ethereum (ETH) fell 1.65%, with the price dropping below $1,700.

Additionally, the NFT sector bucked the trend, rising 4.57%, with Audiera (BEAT) increasing by 9.51%.

Looking at other sectors, the CeFi sector fell 0.20% in 24 hours. Within this sector, Gate (GT) remained relatively resilient, rising 1.10%. The Layer 2 sector fell 0.36%, but zkSync (ZK) rose 5.66%. The Layer 1 sector fell 1.45%, with NEAR Protocol (NEAR) surging 5.09% intraday. The Meme sector fell 2.05%, but Cheems Token (CHEEMS) bucked the trend and surged 6.47%. The PayFi sector fell 2.10%, while Litecoin (LTC) rose 1.27%.

Reflecting historical sector performance, the crypto sector indices show that the ssiSocialFi, ssiDeFi, and ssiAI indices rose 0.20%, fell 5.23%, and fell 3.76%, respectively.