The crypto market is adjusting today, with the SocialFi and CeFi sectors remaining relatively strong
According to SoSoValue data, after two consecutive days of rebound, the crypto market experienced a pullback, with major assets declining 1%-3% in the past 24 hours. Bitcoin (BTC) fell 2.77%, while Ethereum (ETH) dropped 1.23%.
The SocialFi and CeFi sectors remained relatively stable. SocialFi gained 1.52%, with Toncoin (TON) up 2.34%. CeFi increased 0.48%, with BNB rising 1.49% following investment news from Abu Dhabi-based investment firm MGX.
Among other sectors:
- PayFi gained 0.40% (XRP up 1.61%, XLM up 3.87%)
- Layer1 declined 0.66%
- Meme sector fell 1.44%, but OFFICIAL TRUMP (TRUMP) defied the trend, surging 9.43%
- DeFi dropped 2.02%, while Layer2 fell 2.66%
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreEuropean Automobile Manufacturers Association: EU new car registrations fell by 3.9% in January to 799,625 units
The latest data shows that in January this year, Tesla's overall market share in the automotive sector across the EU, UK, and European Free Trade Association regions dropped significantly, recording only 0.8%.