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The cryptocurrency market largely retraced, but sectors like SocialFi and AI saw slight increases.

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PANews
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1 hour ago
AI summarizes in 5 seconds.

PANews April 20 news, according to SoSoValue data, influenced by macro factors such as the small-scale fire exchange between the US and Iran on Sunday, the overall trend of the cryptocurrency market is downward. Bitcoin (BTC) fell by 1.11% in 24 hours, dropping to around $74,000, while Ethereum (ETH) fell by 2.37%, breaking below $2,300. However, sectors like SocialFi and AI saw slight increases, with 24-hour gains of 1.92% and 0.95% respectively. In the SocialFi sector, Toncoin (TON) and Chiliz (CHZ) rose by 1.49% and 4.60% respectively. In the AI sector, Pieverse (PIEVERSE) increased by 77.43%, and Venice Token (VVV) rose by 4.89%.

In other sectors, the CeFi sector fell by 0.86% in 24 hours, but Bitget Token (BGB) rose by 1.35%; the Layer1 sector fell by 1.06%, with Canton Network (CC) relatively strong, increasing by 1.64%; the PayFi sector fell by 1.46%, with Monero (XMR) gaining 0.41% during trading; the Meme sector fell by 2.17%, and MemeCore (M) fell by 6.03%; the DeFi sector fell by 2.24%, but Reserve Rights (RSR) rose against the trend by 10.52%; the Layer2 sector fell by 2.28%, with Arbitrum (ARB) falling by 0.39%.

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