Data: Broad Pullback in Crypto Sector, AI Segment Leads Decline with Over 7% Drop, ETH Falls Below $4,300

According to ChainCatcher, citing SoSoValue data, the cryptocurrency market sectors have seen a pullback after consecutive gains. The AI sector dropped 7.20% over the past 24 hours, with Virtuals Protocol (VIRTUAL), ai16z (AI16Z), and Fartcoin (FARTCOIN) falling by 9.88%, 13.16%, and 18.58% respectively. In addition, Bitcoin (BTC) declined by 0.59%, retreating to $119,000 after surpassing $122,000. Ethereum (ETH) fell by 0.70%, fluctuating narrowly around $4,300.

In other sectors, the CeFi sector dropped 0.83% in 24 hours, with Cronos (CRO) remaining relatively resilient, up 2.43%. The PayFi sector fell 1.59%, but Bitcoin Cash (BCH) surged 4.09% intraday. The Layer1 sector declined 2.34%, while TRON (TRX) edged up 2.63%. The DeFi sector dropped 3.19%, Layer2 fell 5.38%, with SOON bucking the trend and rising 33.58%. The Meme sector dropped 5.51%, but Pump.fun (PUMP) remained strong, up 13.36%.

Indices reflecting the historical performance of crypto sectors show that the ssiAI, ssiNFT, and ssiMeme indices fell by 7.91%, 7.32%, and 5.99% respectively.