Data: The cryptocurrency market generally declined, with only the DeFi sector rising against the trend by 1.81%

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market continues to show a callback trend, but the DeFi sector rises against the trend by 1.81%. Within the sector, Chainlink (LINK) surged by 14.32%. In news, LINK announced an on-chain reserve mechanism and its strategic cooperation with ICE, the parent company of the New York Stock Exchange. Additionally, Maker (MKR) and AERO (Aerodrome Finance) rose by 1.03% and 2.50%, respectively; meanwhile, DEFI.ssi increased by 5.27%.

It is worth noting that Bitcoin (BTC) fell by 1.08% in 24 hours, dropping below $117,000, while Ethereum (ETH) decreased by 0.35%, falling below $4,400.

In other sectors, the Layer1 sector declined by 0.37% in 24 hours, but Cardano (ADA) remained relatively strong, rising by 1.56%. The Layer2 sector fell by 0.38%, with ex-MATIC (POL) and Arbitrum (ARB) rising against the trend by 5.34% and 7.73%, respectively. The CeFi sector decreased by 0.94%, while LEO Token (LEO) slightly climbed by 2.29%. The Meme sector dropped by 1.13%, with MemeCore (M) peaking at 7.15% during the session. The PayFi sector fell by 2.06%, while Monero (XMR) rose by 4.20%.

The cryptocurrency sector indices reflecting historical market trends show that the ssiLayer1, ssiSocialFi, and ssiLayer2 indices fell by 0.31%, 0.35%, and 0.37%, respectively.