Crypto market sees slight pullback, with only DePIN and AI sectors remaining relatively resilient.
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According to ME News, on January 7th (UTC+8), based on SoSoValue data, the cryptocurrency market saw a slight pullback after continuous gains, with only the DePIN and AI sectors remaining relatively resilient, rising 0.04% and 1.06% respectively in the past 24 hours. Within the DePIN sector, Render (RENDER) rose 2.57%, and Golem (GLM) rose 3.56%. Within the AI sector, Bittensor (TAO) rose 5.63%, and Fartcoin (FARTCOIN) rose 5.70%. Meanwhile, Bitcoin (BTC) fell 1.55%, dropping below $93,000. Ethereum (ETH) rose 0.61%, remaining above $3,200. In other sectors, the Layer 1 sector fell 0.22% in the last 24 hours, with Cosmos Hub (ATOM) rising 4.02%; the DeFi sector fell 0.25%, but River (RIVER) rose 16.74%; the CeFi sector fell 0.58%, while MX (MX) rose 0.98%; the Layer 2 sector fell 1.42%, with zkSync (ZK) remaining relatively strong, rising 2.40%; the previously high-performing Meme sector fell 2.30%, with MemeCore (M) bucking the trend and rising 6.40%; the PayFi sector fell 4.11%, with Velo (VELO) rising 3.64%. Crypto sector indices reflecting historical sector performance show that the ssiAI, ssiLayer1, and ssiDeFi indices rose 1.74%, 0.50%, and 0.23%, respectively. (Source: ME)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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