Odaily Planet Daily reports that according to SoSoValue data, the overall crypto market sector is showing a volatile trend. The NFT sector, which experienced a significant decline yesterday, rose 2.33% over the past 24 hours. Within the sector, Audiera (BEAT) stabilized and rebounded, up 5.31%. Apecoin (APE) and Pudgy Penguins (PENGU) increased by 3.49% and 3.87%, respectively, but APENFT (NFT) fell 4.88%. Additionally, Bitcoin (BTC) rose 0.19%, surpassing $87,000; Ethereum (ETH) declined 0.39%, remaining narrowly oscillating around the $3,000 mark.
In other sectors, the AI sector increased by 1.16%, with 0G (0G) rising 8.82%; the DeFi sector increased by 0.70%, with Hyperliquid (HYPE) up 3.35%; the CeFi sector increased by 0.64%, with Canton Network (CC) surging 11.60%; the Meme sector increased by 0.55%, with PIPPIN (PIPPIN) up 6.81%; the Layer1 sector increased by 0.24%, with Zcash (ZEC) up 5.54%.
Furthermore, the Layer2 sector decreased by 0.25%, but Linea (LINEA) increased 5.35%; the PayFi sector declined 0.66%, while Ultima (ULTIMA) surged 3.62% during the trading session. The crypto sector index reflecting sector historical performance shows that the ssiAI, ssiNFT, and ssiSocialFi indices increased by 1.43%, 1.33%, and 1.30%, respectively.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pump.fun (PUMP) faces downward pressure as 10 billion tokens are unlocked, with weak retail buying demand
The PUMP token is experiencing downward pressure, decreasing by about 2% and extending a prior 4% drop. With 10 billion tokens unlocking soon, retail investor interest wanes, increasing the risk of further declines amid bearish technical indicators.
TapChiBitcoin23m ago
"Has the 'true bottom' not arrived yet? Experts warn: Bitcoin may face a 'surrender sell-off' in the final dip"
Last week, Bitcoin experienced significant volatility, with daily drops of over 10%, nearly falling below $60,000. Although it later rebounded to $70,000, analysts believe that a true "capitulation sell-off" has not yet occurred, as the futures basis spread remains unchanged and does not indicate extreme market pessimism, suggesting that Bitcoin may still have further downside potential.
区块客38m ago
XRP Holders Slip Back Into Loss as On-Chain Capitulation Returns
XRP holders are facing losses as the Spent Output Profit Ratio (SOPR) dips below 1.00, indicating widespread capitulation among investors. This decline reflects a critical break in market sentiment, reminiscent of 2021-2022 trends, raising concerns about further stagnation unless recovery occurs above the cost basis.
ICOHOIDER49m ago
Altcoins fall to historic lows against gold, Bitcoin's "technology assetization" signal reappears
February 10 News, as the spot gold price approaches $5,000 per ounce, the valuation gap between altcoins and gold has widened sharply. Crypto analyst Michaël van de Poppe pointed out that the current "altcoin-to-gold" ratio has fallen to its lowest historical level, with the weekly RSI dropping to 25, approaching the extreme levels seen during the 2020 pandemic black swan event. This indicator is seen as a "structural low-price" signal for non-mainstream crypto assets relative to precious metals.
Against the backdrop of a strong rally in gold, RWA tokens linked to physical gold have become some of the few contrarian assets. PAX Gold (PAXG) fluctuates around $5,035, with a daily trading volume exceeding $400 million; Tether Gold (XAUT) remains around $5,013, with a nearly 11% increase over the past month. However, from a global perspective, the market size of tokenized commodities is only about $800 million to $1 billion, still very limited compared to the trillions of dollars in the global spot gold market.
GateNewsBot59m ago
Is Bitcoin more like tech stocks rather than digital gold? Grayscale reveals the true underlying factors behind it
Despite continuous positive signals such as ETF approvals and institutional adoption, since mid-last year, funds in the crypto market have been steadily flowing out, and Bitcoin's price performance has been more similar to high-growth software stocks in the US rather than traditional safe-haven assets. Grayscale's latest research indicates that the correlation between Bitcoin and the US software sector has significantly increased, showing that its trading logic is more aligned with growth assets.
Data shows that from the beginning of 2024 to now, Bitcoin and US software stocks have moved in highly synchronized patterns. During recent sell-offs, both have fluctuated almost in the same direction, indicating that this round of decline is more due to a broad de-risking of growth assets rather than issues specific to the crypto industry itself. Fund flows also confirm this: US investors led the recent sell-off, with related Bitcoin ETPs experiencing approximately $318 million in net outflows since early February, further suppressing prices.
GateNewsBot1h ago
US Spot Bitcoin ETFs See Renewed Inflows as Selling Pressure Eases
Bitcoin ETFs have seen increased institutional demand, with notable inflows despite overall outflows. Analysts label recent downturns as the weakest bear case in Bitcoin's history, indicating resilience among early investors amid rising financialization concerns.
TheNewsCrypto1h ago