Crypto Market Pulls Back for Second Consecutive Day, AI Sector Leads Decline with 4.48% Drop, BTC Falls to $105,000

Odaily Planet Daily News According to SoSoValue data, the cryptocurrency market sectors have experienced a pullback for two consecutive days. The AI sector fell by 4.48% in the past 24 hours (UTC+8), with Bittensor (TAO) and Worldcoin (WLD) dropping by 3.98% and 4.05% (UTC+8) respectively. However, KAITO remained relatively resilient, rising against the trend by 1.11% (UTC+8). In addition, Bitcoin (BTC) fell by 1.44% in the past 24 hours (UTC+8), continuing its correction to $105,000. Ethereum (ETH) dropped by 3.14% (UTC+8), at one point falling below $2,400.
In other sectors, the CeFi sector declined by 2.03% (UTC+8), with Hyperliquid (HYPE) down 6.33% (UTC+8); the PayFi sector fell by 2.70% (UTC+8), with Telcoin (TEL) down 7.49% (UTC+8); the Layer1 sector dropped by 3.05% (UTC+8), with Solana (SOL) and Cardano (ADA) down 4.15% and 4.73% (UTC+8) respectively; the Layer2 sector fell by 3.42% (UTC+8), with Optimism (OP) down 5.34% (UTC+8); the Meme sector dropped by 4.05% (UTC+8), with Fartcoin (FARTCOIN) down 11.66% (UTC+8) and SPX6900 (SPX) down another 10.45% (UTC+8); the DeFi sector fell by 4.14% (UTC+8), with Uniswap (UNI) down 8.16% (UTC+8).
The crypto sector indices reflecting historical sector performance show that the ssiDeFi, ssiAI, and ssiMeme indices fell by 4.79%, 4.25%, and 4.05% (UTC+8) respectively in the past 24 hours.