Odaily Planet Daily reports that according to SoSoValue data, the crypto market sector continues its downward trend, with the Meme sector down 5.01% over the past 24 hours. Previously, MemeCore (M) experienced a significant increase but has now fallen 29.56%, while BUILDon (B) and PIPPIN (PIPPIN) have risen against the trend by 11.24% and 39.36%, respectively. Meanwhile, Ethereum (ETH) declined 1.67%, remaining above $2000. Notably, Bitcoin (BTC) remains relatively resilient, rising 1.13% and breaking through $70,000.
In other sectors, the PayFi sector declined 0.82% over the past 24 hours. Within this sector, Telcoin (TEL) increased 1.82%. The DeFi sector fell 0.85%, with Hyperliquid (HYPE) surging 3.26% during the session. The CeFi sector decreased 0.94%, but Aster (ASTER) surged significantly by 8.19%. The Layer1 sector declined 1.87%, with Kaspa (KAS) up 6.03%. The Layer2 sector fell 1.91%, with Stacks (STX) down 3.20%.
Reflecting the historical performance of the sector indices, the ssiRWA and ssiDeFi indices increased by 3.31% and 1.61%, respectively, while the ssiMeme index dropped 6.07%.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Governments Are Quietly Competing in the Bitcoin Mining Race
Governments are increasingly participating in Bitcoin mining, moving from regulation to direct involvement. This trend highlights economic benefits from utilizing surplus energy and strategic asset building. It signifies a shift towards viewing Bitcoin as infrastructure, enhancing security and stability in the network.
Coinfomania6m ago
Korean police lose 22 Bitcoins that have been seized and stored in cold wallets since 2021
The Gangnam Police Station in South Korea discovered 22 Bitcoins (worth approximately $1.5 million) transferred from a USB cold wallet. The Bitcoins were not detected during the investigation pause. The Northern Gyeonggi Provincial Police Department has launched an investigation to determine the cause of the fund outflow and whether there are any internal personnel involved. This incident is related to the loss of 320 Bitcoins by the Gwangju Prosecutor's Office.
TechubNews10m ago
South Korean police lose Bitcoin seized and stored in cold wallets since 2021
Seoul Gangnam Police Station in South Korea has discovered that 22 Bitcoins seized since November 2021 have been transferred out from a USB cold wallet, unnoticed due to a suspension of the investigation. The Northern Gyeonggi Provincial Police Department has launched an investigation to determine the cause of the fund loss and whether any internal personnel are involved. This discovery stems from a nationwide review of the Bitcoin loss incident at the Gwangju Prosecutor's Office.
GateNewsBot14m ago
Korean police evidence wallet out of control: 22 Bitcoins "disappeared," involving approximately $1.5 million, originating from a 2021 seizure
February 13 News, South Korea's law enforcement system has exposed further vulnerabilities in digital asset management. The Seoul Gangnam Police Station confirmed that in an investigation, Bitcoin seized and stored in November 2021 was recently found to have been transferred from a USB cold wallet. Internal checks revealed that the involved amount was 22 Bitcoins, estimated at approximately $1.5 million at current prices. The police have confirmed this to the media.
According to disclosures, the physical USB drive of the cold wallet was not lost, but on-chain assets were successfully transferred out. Due to the investigation being temporarily halted, this anomaly went unnoticed for a long time until a recent nationwide review of evidence and digital asset management uncovered it. After local media first reported the incident, it sparked public doubts about law enforcement agencies' digital asset custody mechanisms.
GateNewsBot15m ago
Gate Research Institute: BTR surges up to 63% in 24 hours | Standard Chartered downgrades long-term Bitcoin outlook
Cryptocurrency Asset Overview
BTC (+0.14% | Current Price: 65,495 USDT)
BTC has continued its weak sideways movement over the past 24 hours. After multiple failed rebounds, it accelerated downward, with the low retreating to around $65,230. It then slightly stabilized and recovered, currently trading within a narrow range of $65,400–$65,600. Overall, the rebound momentum is insufficient, and market sentiment remains cautious. Technically, the short-term moving averages are turning downward, with MA5 and MA10 crossing below and suppressing the price. MA30 is still in a downtrend, indicating a short-term weak pattern. The key support levels are at $65,200–$65,000; if broken, further testing of lower levels is possible. Resistance is at the $66,200–$66,500 range. Until this area is reclaimed, the trend is likely to remain weak and oscillate sideways.
ETH
GateResearch20m ago
PGI CEO sentenced to 20 years in prison for $200 million Bitcoin Ponzi scheme
Praetorian Group International CEO Ramil Ventura Palafox was sentenced to 20 years in prison for operating a $200 million Bitcoin Ponzi scheme. The scheme resulted in over 90,000 investors losing more than $62.69 million. Palafox used new investor funds to pay returns and used part of the funds to purchase luxury goods.
GateNewsBot24m ago
