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The crypto market is broadly falling, with BTC dropping below $77,000. Only the DeFi and SocialFi sectors remain relatively strong.
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According to SoSoValue data, the cryptocurrency market is generally declining. Bitcoin (BTC) fell by 1.19% to below $77,000, and Ethereum (ETH) fell by 2.71% to below $2,200. Only the DeFi and SocialFi sectors remained relatively strong, with 24-hour gains of 1.18% and 2.40% respectively. Within the DeFi sector, Block Street (BSB) rose by 42.25%, and Hyperliquid (HYPE) rose by 10.51%. Within the SocialFi sector, Toncoin (TON) rose by 4.12%.
Other sectors recorded declines: The CeFi sector fell by 1.17% in 24 hours, with Binance Coin (BNB) down 1.07%. The Layer1 sector fell by 1.46%, although Zcash (ZEC) saw a intraday surge of 5.22%. The Layer2 sector fell by 1.70%, with Optimism (OP) down 3.18%. The PayFi sector fell by 1.78%, but Telcoin (TEL) rose by 1.55%. The Meme sector fell by 1.94%, but Binance Life rose against the trend by 6.47%. The AI sector fell by 7.91%, but Billions Network (BILL) rose against the trend by 14.06%.