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Crypto market declines across the board, with the DeFi sector down more than 3%
Odaily Planet Daily News: On July 14, according to SoSoValue data, crypto market sectors generally saw a pullback. The DeFi sector fell 3.28%, Hyperliquid (HYPE) dropped 5.59%, and DeXe (DEXE) fell 10.93%, but Beldex (BDX) and Velvet (VELVET) rose 16.24% and 18.46% respectively against the trend. Meanwhile, Bitcoin (BTC) fell 1.71%, dropping below $63k; Ethereum (ETH) fell 1.48%, dropping below $1,800.
In other sectors, the Layer2 sector fell 0.12% over the past 24 hours. Polygon (ex-MATIC) (POL) remained relatively firm, up 2.67%; the CeFi sector fell 1.21%, with Cronos (CRO) down 2.64%; the Meme sector fell 1.76%, and SPX6900 (SPX) fell 8.38%. The Layer1 sector fell 2.20%, and NEAR Protocol (NEAR) surged 2.94% during the day. The PayFi sector fell 2.36%, but eCash (XEC) rose 17.48%.
Crypto sector indices reflecting historical sector performance show that the ssiDePIN, ssiAI, and ssiDeFi indices fell 3.68%, 3.60%, and 3.46% respectively.