Cryptocurrency Market Experiences Broad Pullback: DeFAI and AI Agents Sectors Suffer Significant Losses
--・Verified Binance official accountThe cryptocurrency market is experiencing a broad pullback, with the DeFAI and AI Agents sectors suffering significant losses. This correction indicates a bearish trend across the board, with both Bitcoin and Ethereum dipping below their monthly averages.The cryptocurrency market is undergoing a notable correction, with the DeFAI and AI Agents sectors experiencing the sharpest declines, according to a recent report by Odaily. Both Bitcoin (BTC) and Ethereum (ETH) have dipped below their monthly averages, indicating a bearish trend across the board.Sector-Specific PerformanceDeFAI Sector: This sector witnessed a significant drop of 10.32% over the last 24 hours. Notable cryptocurrencies within this sector such as GRIFFAIN, ORBIT (GRIFT), and Hive AI (BUZZ) recorded declines of 7.73%, 22.44%, and 20.26%, respectively.AI Agents Sector: Fell by 8.69% in the same period, with Virtuals Protocol (VIRTUAL) decreasing by 6.80%, Fartcoin (FARTCOIN) by 16.01%, and prominent AI tokens like ai16z (AI16Z), AIXBT, and ACT dropping by 15.42%, 6.30%, and 3.74%, respectively.Other Notable Sector MovementsCentralized Finance (CeFi): Dropped by 5.09%.Layer 1 Networks: Solana (SOL) and Cardano (ADA) saw decreases of 5.09% and 6.86%.Decentralized Finance (DeFi): Decreased by 5.66%.Layer 2 Solutions: Experienced a reduction of 5.89%.Meme Sector: Continued its downward trend with Dogecoin (DOGE) falling by 7.25%, Pepe (PEPE) by 5.69%, and OFFICIAL TRUMP (TRUMP) by 8.14%. However, Pudgy Penguins (PENGU) went against the grain, rising by 4.87%.Payment and Finance (PayFi): Suffered a 9.48% fall, with XRP down 7.73% and Stellar (XLM) declining by 6%.Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.