PANews reported on January 16 that according to SoSoValue data, the cryptocurrency market sector declined for the second day in a row. The DePIN sector led the decline, down 4.22% over the past 24 hours. Within the sector, Filecoin (FIL) is down 8.55%, and Golem (GLM) is down 10.07%. Additionally, Bitcoin (BTC) fell 0.74%, falling below $95,000, while Ethereum (ETH) remained relatively resilient, falling 0.21% and still hovering around $3,300.
Elsewhere, CeFi is down 0.37% in the past 24 hours, but NEXO (NEXO) is up 1.13%; The Tier 1 sector was down 1.32%, while TRON (TRX) was up 2.30% on the day; The PayFi sector fell 2.11%, while Dash (DASH) bucked the trend and rose 3.50%; The Tier II sector fell by 2.52%, while the Mantle Index (MNT) rose by 0.99%. The DeFi sector fell by 2.59%, while the River (RIVER) sector rose significantly by 8.12%; The Meme sector fell 2.93%, while MemeCore (M) rose 1.65%.
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