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Crypto Sector Experiences Across-the-Board Pullback, AI Sector Drops Over 3%, BTC Surges Above $97,000 Briefly

Summary: According to SoSoValue data, the crypto market sector experienced an across-the-board pullback, with the AI sector dropping 3.29% in the past 24 hours. Within the sector, Virtuals Protocol (VIRTUAL) fell by 6.51%, while Render (RENDER) and Fartcoin (FARTCOIN) dropped by 7.29% and 8.75% respectively. However, Bitcoin (BTC) remained resilient, rising against the trend by 1.39% ...

According to SoSoValue data, the crypto market sector experienced an across-the-board pullback, with the AI sector dropping 3.29% in the past 24 hours. Within the sector, Virtuals Protocol (VIRTUAL) fell by 6.51%, while Render (RENDER) and Fartcoin (FARTCOIN) dropped by 7.29% and 8.75% respectively. However, Bitcoin (BTC) remained resilient, rising against the trend by 1.39% and briefly surpassing $97,000. Ethereum (ETH) fell by 0.05%, staying above $3,300.

As for other sectors, the Layer1 sector dropped by 0.80% in the past 24 hours, with Zcash (ZEC) rising by 4.38% within the sector. The DeFi sector fell by 1.11%, but River (RIVER) surged by 15.07%. The CeFi sector dropped by 1.17%, while Bitget Token (BGB) saw a 2.29% increase. The PayFi sector fell by 1.40%, yet Dash (DASH) surged by 37.95%. The Meme sector dropped by 2.16%, with Pump.fun (PUMP) rising by 5.28%. The Layer2 sector fell by 2.27%, but Movement (MOVE) saw a significant increase of 21.31%.

The crypto sector index reflecting historical market trends shows that the ssiAI, ssiNFT, and ssiLayer2 indices dropped by 3.99%, 3.43%, and 2.77% respectively.

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