According to market updates from SoSoValue, Bitcoin (BTC) is currently trading around $87,51K with a volatility of -1,94% in the past 24 hours, while Ethereum (ETH) fluctuates slightly around $2,87K with a decrease of -2,92%. Despite short-term fluctuations, the overall picture indicates that the cryptocurrency market is undergoing a rebalancing phase, with different sectors showing uneven strength.
Major Currencies: Calm Compared to Disappointment
On trading platforms, the MAG7.ssi index is currently trading at a high level, while DEFI.ssi and MEME.ssi also maintain stability in the market. Ethereum continues to be a key focus with its current price of $2,87K, reflecting the challenges faced by major coins in the current market environment.
Notable Sectors: Uneven Profit Distribution
SocialFi continues to be a bright spot with Toncoin (TON) adjusting -0,65%, while Telcoin (TEL) also experienced a correction phase. The PayFi sector also shows similar volatility, reflecting broader risks in the market. The RWA sector, considered an emerging trend, currently sees MANTRA (OM) down -5,04%, indicating investors are rebalancing their portfolios.
Blockchain Infrastructure: Adjustment Pressures
Layer 1 representatives like Sui (SUI) are currently down -4,23%, reflecting a broader correction trend. OKB from the CeFi sector also records a decrease of -0,83%. Meanwhile, the Layer 2 ecosystem with Zora (ZORA) is under pressure with -4,16%, and Uniswap (UNI) from the DeFi sector also reports -5,12%.
Special Trends in Meme Coins and AI
SPX6900 (SPX) from the Meme sector is currently at -5,46%, reflecting risk sentiment in the market. Notably, the AI sector is experiencing a correction phase, but Fartcoin (FARTCOIN) records a decrease of -6,22%, indicating unique driving forces. The NFT sector continues to face difficulties, with ApenFT (NFT) experiencing significant declines.
Overall, the cryptocurrency market is undergoing a restructuring phase, where investors are repositioning across various assets, from traditional sectors like DeFi and Layer solutions to emerging areas like RWA and SocialFi.
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Cryptocurrency Market: Bitcoin surpasses $87,000, traditional sectors recover strongly
According to market updates from SoSoValue, Bitcoin (BTC) is currently trading around $87,51K with a volatility of -1,94% in the past 24 hours, while Ethereum (ETH) fluctuates slightly around $2,87K with a decrease of -2,92%. Despite short-term fluctuations, the overall picture indicates that the cryptocurrency market is undergoing a rebalancing phase, with different sectors showing uneven strength.
Major Currencies: Calm Compared to Disappointment
On trading platforms, the MAG7.ssi index is currently trading at a high level, while DEFI.ssi and MEME.ssi also maintain stability in the market. Ethereum continues to be a key focus with its current price of $2,87K, reflecting the challenges faced by major coins in the current market environment.
Notable Sectors: Uneven Profit Distribution
SocialFi continues to be a bright spot with Toncoin (TON) adjusting -0,65%, while Telcoin (TEL) also experienced a correction phase. The PayFi sector also shows similar volatility, reflecting broader risks in the market. The RWA sector, considered an emerging trend, currently sees MANTRA (OM) down -5,04%, indicating investors are rebalancing their portfolios.
Blockchain Infrastructure: Adjustment Pressures
Layer 1 representatives like Sui (SUI) are currently down -4,23%, reflecting a broader correction trend. OKB from the CeFi sector also records a decrease of -0,83%. Meanwhile, the Layer 2 ecosystem with Zora (ZORA) is under pressure with -4,16%, and Uniswap (UNI) from the DeFi sector also reports -5,12%.
Special Trends in Meme Coins and AI
SPX6900 (SPX) from the Meme sector is currently at -5,46%, reflecting risk sentiment in the market. Notably, the AI sector is experiencing a correction phase, but Fartcoin (FARTCOIN) records a decrease of -6,22%, indicating unique driving forces. The NFT sector continues to face difficulties, with ApenFT (NFT) experiencing significant declines.
Overall, the cryptocurrency market is undergoing a restructuring phase, where investors are repositioning across various assets, from traditional sectors like DeFi and Layer solutions to emerging areas like RWA and SocialFi.