Most of the crypto market pulls back, but SocialFi and AI sectors see modest gains

Foresight News reports, according to SoSoValue data, due to macro factors such as the small-scale clash between the US and Iran on Sunday, the overall trend of the crypto market sectors is downward. Bitcoin (BTC) fell by 1.11% in 24 hours, dropping to around 74,000 US dollars, while Ethereum (ETH) dropped by 2.37%, falling below 2,300 US dollars. However, the SocialFi and AI sectors saw slight increases, rising 1.92% and 0.95% respectively in 24 hours. Within the SocialFi sector, Toncoin (TON) and Chiliz (CHZ) rose by 1.49% and 4.60% respectively. In the AI sector, Pieverse (PIEVERSE) surged by 77.43%, and Venice Token (VVV) increased by 4.89%.

In other sectors, the CeFi sector fell by 0.86% over 24 hours, but Bitget Token (BGB) rose by 1.35%; the Layer1 sector declined by 1.06%, with Canton Network (CC) remaining relatively strong, up 1.64%; the PayFi sector fell by 1.46%, while Monero (XMR) gained 0.41% within the day; the Meme sector dropped by 2.17%, with MemeCore (M) decreasing by 6.03%; the DeFi sector dropped by 2.24%, while Reserve Rights (RSR) bucked the trend and rose by 10.52%; the Layer2 sector fell 2.28%, and Arbitrum (ARB) dropped by 0.39%. According to the crypto sector indices reflecting historical sector performance, the ssiMeme, ssiDeFi, and ssiLayer2 indices declined by 3.00%, 2.70%, and 2.63% respectively.