Svmuu News, July 17: According to data from SoSoValue, all sectors of the crypto market declined, with the DeFi sector performing weakly, falling 5.08% over the past 24 hours. Among them, Hyperliquid (HYPE) fell 10.28%, DeXe (DEXE) and Aave (AAVE) fell by 4.83% and 6.12%, respectively, while Beldex (BDX) bucked the trend and rose by 6.61%.
Meanwhile, Bitcoin (BTC) fell 1.79%, dropping below $64,000; Ethereum (ETH) fell 3.53%, dropping below $1,900.
In other sectors, the Layer 2 sector fell 0.63% over the past 24 hours, though Mantle (MNT) rose 3.16%; the CeFi sector fell 0.94%, while Cronos (CRO) surged 8.68% during intraday trading; the PayFi sector fell 2.32%, while Zcash (ZEC) dropped 6.88%; the Layer 1 sector fell 2.41%, with NEAR Protocol (NEAR) down 4.64%; The Meme sector fell 2.57%, with Bonk (BONK) down 5.70%.
Crypto sector indices tracking historical performance showed that the ssiDeFi, ssiSocialFi, and ssiAI indices fell by 5.97%, 4.24%, and 3.56%, respectively.