The crypto market continues its downward trend, with the Meme sector leading the decline by over 5%, but BTC defies the trend and rises.

MEME4,06%
M-3,77%
B-2,75%
PIPPIN21,75%

Odaily Planet Daily reports that according to SoSoValue data, the crypto market sector continues its downward trend, with the Meme sector down 5.01% over the past 24 hours. Previously, MemeCore (M) experienced a significant increase but has now fallen 29.56%, while BUILDon (B) and PIPPIN (PIPPIN) have risen against the trend by 11.24% and 39.36%, respectively. Meanwhile, Ethereum (ETH) declined 1.67%, remaining above $2000. Notably, Bitcoin (BTC) remains relatively resilient, rising 1.13% and breaking through $70,000.

In other sectors, the PayFi sector declined 0.82% over the past 24 hours. Within this sector, Telcoin (TEL) increased 1.82%. The DeFi sector fell 0.85%, with Hyperliquid (HYPE) surging 3.26% during the session. The CeFi sector decreased 0.94%, but Aster (ASTER) surged significantly by 8.19%. The Layer1 sector declined 1.87%, with Kaspa (KAS) up 6.03%. The Layer2 sector fell 1.91%, with Stacks (STX) down 3.20%.

Reflecting the historical performance of the sector indices, the ssiRWA and ssiDeFi indices increased by 3.31% and 1.61%, respectively, while the ssiMeme index dropped 6.07%.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

“Clarity Would Give Great Comfort”: Bessent Says Passing Crypto Market Structure Bill Will Boost Bitcoin Price

Treasury Secretary Scott Bessent told CNBC on Friday that passing the stalled Clarity Act—the long-debated crypto market structure bill—would provide "great comfort" to markets amid Bitcoin's historic volatility. With Bitcoin down nearly 50% from its October 2025 all-time high and Ethereum suffering even steeper losses, Bessent called the current deadlock "self-induced," blaming a group of crypto firms for blocking legislation that could restore investor confidence. The bill now faces a

CryptopulseElite17m ago

Trump Media Files for Truth Social Bitcoin, Ethereum, and Cronos ETFs in Partnership With Crypto.com

Trump Media and Technology Group, the parent company of Truth Social, filed paperwork with the SEC on Friday to launch two new cryptocurrency exchange-traded funds. The Truth Social Bitcoin and Ether ETF would offer combined exposure to the two largest digital assets with a 60-40 split favoring Bitcoin, while the Truth Social Cronos Yield Maximizer ETF would invest in and stake Cronos (CRO) tokens to generate yield. The filings, submitted in partnership with Crypto.com, represent the lat

CryptopulseElite32m ago

Is $55,000 Bitcoin’s Final Bottom? On-Chain Data Suggests More Pain Ahead Before the Real Capitulation

On-chain analytics firm CryptoQuant has identified \$55,000 as bitcoin's "ultimate" bear market bottom, but warns the market hasn't reached full capititation yet. Despite a \$5.4 billion single-day realized loss event—the largest since March 2023—key valuation metrics remain above historical bottom zones, with long-term holders selling near breakeven rather than at the 30-40% losses typical of cycle lows. This suggests bitcoin may spend months forming a base rather than staging an immedi

CryptopulseElite44m ago

Bitcoin spot ETF saw a total net inflow of $15,202,900 yesterday, with Fidelity FBTC leading with a net inflow of $11,985,100.

As of February 13, the total net inflow of Bitcoin spot ETFs reached $15,202,900. Fidelity ETF FBTC had the highest single-day net inflow at $11,985,100, while BlackRock ETF IBIT experienced a single-day net outflow of $9,361,900. The total net asset value is $87.038 billion.

GateNewsBot48m ago
Comment
0/400
GateUser-c9af29e7vip
· 02-09 11:30
New Year Wealth Explosion 🤑
View OriginalReply0
GateUser-6259a451vip
· 02-09 05:04
Hold on tight, we're about to take off 🛫
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)