According to PANews on August 12, based on SoSoValue data, the crypto market sector experienced a correction after consecutive gains, with the AI sector dropping 7.20% in 24 hours. Virtuals Protocol (VIRTUAL), ai16z (AI16Z), and Fartcoin (FARTCOIN) fell by 9.88%, 13.16%, and 18.58%, respectively.

In addition, Bitcoin (BTC) fell by 0.59%, retreating to $119,000 after breaking $122,000. Ethereum (ETH) fell by 0.70%, fluctuating around $4,300.

  • In other sectors, the CeFi sector fell by 0.83% in 24 hours, with Cronos (CRO) relatively strong, rising by 2.43%;

  • The PayFi sector fell by 1.59%, but Bitcoin Cash (BCH) surged by 4.09% during the session;

  • The Layer1 sector fell by 2.34%, while TRON (TRX) slightly rose by 2.63%;

  • The DeFi sector fell by 3.19%, the Layer2 sector fell by 5.38%, and SOON rose against the trend by 33.58%;

  • The Meme sector fell by 5.51%, while Pump.fun (PUMP) remained strong, rising by 13.36%.

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