According to ChainCatcher, based on SoSoValue data, after a period of consecutive gains, the crypto market has experienced a slight pullback. Only the DePIN and AI sectors have remained relatively strong, with 24-hour gains of 0.04% and 1.06%, respectively. Within the DePIN sector, Render (RENDER) rose 2.57%, and Golem (GLM) increased by 3.56%. In the AI sector, Bittensor (TAO) climbed 5.63%, and Fartcoin (FARTCOIN) rose 5.70%. Additionally, Bitcoin (BTC) fell 1.55%, dropping below $93,000. Ethereum (ETH) rose 0.61%, maintaining a position above $3,200. In other sectors, the Layer1 sector declined 0.22% over 24 hours, with Cosmos Hub (ATOM) rising 4.02%. The DeFi sector fell 0.25%, but River (RIVER) surged 16.74%. The CeFi sector dropped 0.58%, with MX (MX) rising 0.98%. The Layer2 sector declined 1.42%, while zkSync (ZK) remained relatively strong, rising 2.40%. The Meme sector, which had previously seen significant gains, fell 2.30%, with MemeCore (M) bucking the trend by rising 6.40%. The PayFi sector dropped 4.11%, with Velo (VELO) rising 3.64%. The crypto sector index, reflecting historical sector performance, showed that the ssiAI, ssiLayer1, and ssiDeFi indices rose 1.74%, 0.50%, and 0.23%, respectively.
Crypto Market Experiences Mild Correction, DePIN and AI Sectors Stay Resilient
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Summary
The crypto market entered a mild correction, with the fear and greed index signaling caution among traders. The DePIN and AI sectors bucked the trend, rising 0.04% and 1.06% in 24 hours, respectively. Render (RENDER) and Golem (GLM) climbed 2.57% and 3.56%, while Bittensor (TAO) and Fartcoin (FARTCOIN) rose 5.63% and 5.70%. Bitcoin (BTC) dipped 1.55% below $93,000, while Ethereum (ETH) rose 0.61% above $3,200. The Layer1, DeFi, and CeFi sectors declined, although River (RIVER) and MX (MX) posted gains.
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