Svmuu News, July 14: According to SoSoValue data, the crypto market saw a broad-based pullback, with the DeFi sector down 3.28% and Hyperliquid (HYPE) down 5.59%. DeXe (DEXE) fell 10.93%, but Beldex (BDX) and Velvet (VELVET) bucked the trend, rising 16.24% and 18.46%, respectively. Meanwhile, Bitcoin (BTC) fell 1.71%, dropping below $63,000; Ethereum (ETH) fell 1.48%, dropping below $1,800.
In other sectors, the Layer 2 sector fell 0.12% over the past 24 hours, while Polygon (ex-MATIC) (POL) held up relatively well, rising 2.67%; the CeFi sector fell 1.21%, with Cronos (CRO) down 2.64%; the Meme sector fell 1.76%, with SPX6900 (SPX) down 8.38%; The Layer 1 sector fell 2.20%, while NEAR Protocol (NEAR) rose 2.94% during intraday trading; the PayFi sector fell 2.36%, but eCash (XEC) rose 17.48%.
Crypto sector indices reflecting historical performance showed that the ssiDePIN, ssiAI, and ssiDeFi indices fell by 3.68%, 3.60%, and 3.46%, respectively.