According to SoSoValue data, the overall cryptocurrency market is experiencing a fluctuating adjustment, with the DeFi sector performing relatively well, rising 1.42% in 24 hours. Among them, Hyperliquid (HYPE) increased by 5.02%, and River (RIVER) rose by 7.99%. btc-42">Bitcoin (BTC) and Ethereum (ETH) are oscillating within a narrow range, maintaining around $70,000 and $2,000 respectively.
In other sectors, the SocialFi sector rose by 1.66% in 24 hours, with Toncoin (TON) increasing by 2.45%; the Layer1 sector rose by 0.71%, with Internet Computer (ICP) up by 6.90%; the Layer2 sector increased by 0.42%, with ImmutableX (IMX) rising by 3.82%; the CeFi sector rose by 0.38%, with NEXO (NEXO) up by 1.00%; the Meme sector fell by 0.31%, but Siren (SIREN) increased by 6.48%; the PayFi sector decreased by 0.45%, with SafePal (SFP) rising by 2.04%.
The cryptocurrency sector indices reflecting historical market trends show that the ssiRWA, ssiDeFi, and ssiDePIN indices rose by 2.52%, 2.32%, and 2.12%, respectively.
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Global markets consolidated over the weekend. SanDisk benefited from strong AI data-center demand, long-term customer contracts, and improving expectations for the storage supply-demand balance. SpaceX-related names also performed well. Precious metals held near elevated levels, while Bitcoin moved toward $75,000 and continued to support crypto-financial stocks. Markets are now focused on Pinduoduo’s earnings and the impact of future rate expectations on technology and small-cap valuations.