The crypto market is undergoing a volatile correction, with the DeFi sector up 1.42%
Svmuu News, March 12: According to data from SoSoValue, the crypto market as a whole is undergoing a period of volatility and consolidation. with the DeFi sector performing relatively well, rising 1.42% over the past 24 hours. Among them, Hyperliquid (HYPE) rose 5.02%, and River (RIVER) rose 7.99%. Bitcoin (BTC) and Ethereum (ETH) traded in a narrow range, consolidating around the $70,000 and $2,000 thresholds, respectively. In other sectors, the SocialFi sector rose 1.66% over the past 24 hours, with Toncoin (TON) gaining 2.45% within the sector; the Layer 1 sector rose 0.71%, with Internet Computer (ICP) up 6.90%; the Layer 2 sector rose 0.42%, with ImmutableX (IMX) up 3.82%; The CeFi sector rose 0.38%, with NEXO (NEXO) up 1.00%; The Meme sector fell 0.31%, but Siren (SIREN) rose 6.48%; The PayFi sector fell 0.45%, with SafePal (SFP) rising 2.04%. The crypto sector indices, which reflect historical sector performance, showed that the ssiRWA, ssiDeFi, and ssiDePIN indices rose by 2.52%, 2.32%, and 2.12%, respectively.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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