Svmuu reported on June 11 that, according to SoSoValue data, the crypto market sectors continued their downward trend. The AI sector fell by 3.37%, with Siren (SIREN) dropping 21.45% and Venice Token (VVV) down 13.08%. However, Velvet (VELVET) surged 141.11%. Additionally, the NFT sector performed notably, rising 29.36% in 24 hours, with Audiera (BEAT) increasing by 55.70%.
At the same time, Bitcoin (BTC) rose by 0.73%, trading in a narrow range around the $62,000 mark; Ethereum (ETH) increased by 0.24%, holding above the $1,600 level.
In other sectors, the CeFi sector fell by 0.12% in 24 hours, but NEXO (NEXO) rose by 3.62%. The Layer1 sector decreased by 1.22%, with NEAR Protocol (NEAR) dropping 8.22%. The PayFi sector fell by 1.36%, while Monero (XMR) surged 9.25% during the session. The Meme sector declined by 1.42%, with Binance Life (Binance Life) remaining relatively resilient, rising 6.67%. The Layer2 sector dropped by 2.16%, with Optimism (OP) falling 4.67%. The DeFi sector decreased by 2.80%, with LAB (LAB) down 13.78%.
Reflecting historical sector trends, the crypto sector indices show that the ssiMAG7 and ssiCeFi indices rose by 0.61% and 0.47% respectively, while the ssiAI index fell by 6.35%.
The crypto market is broadly declining, with the NFT sector bucking the trend to rise nearly 30%
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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