PANews January 23 News, according to SoSoValue data, the overall crypto market sector is trending downward, with only GameFi, AI, and RWA sectors remaining relatively resilient, up 1.06%, 0.98%, and 0.67% respectively over the past 24 hours. Within the GameFi sector, The Sandbox (SAND) increased by 8.57%, and Axie Infinity (AXS) rose by 7.06%. In the AI sector, Render (RENDER) increased by 5.36%, and the newly launched Sentient (SENT) surged by 482.08%. In the RWA sector, Pendle (PENDLE) and Sky (SKY) increased by 2.08% and 2.35% respectively.
Additionally, Bitcoin (BTC) decreased by 0.35%, falling below $90,000; Ethereum (ETH) decreased by 2.10%, falling below $3,000.
Regarding other sectors, the CeFi sector declined by 0.09% over 24 hours, with NEXO (NEXO) remaining relatively strong, up 0.53%; Layer1 sector declined by 0.37%, but Zcash (ZEC) increased by 3.33%; DeFi sector decreased by 0.97%, with River (RIVER) maintaining an upward trend recently, rising again by 27.07%; PayFi sector declined by 1.53%, with SafePal (SFP) defying the trend, rising by 4.63%; Meme sector decreased by 2.20%, with PIPPIN (PIPPIN) surging 3.52% during the session; Layer2 sector declined by 2.98%, with Merlin Chain (MERL) dropping by 19.10%.
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
XRP Faces Selling Pressure While Key Support Near $1.28 Holds
Key Insights:
XRP continues forming lower highs and lows, while price remains below major moving averages, reinforcing a sustained bearish structure across timeframes.
Open interest spikes during volatility signaled speculative trading, yet declining levels now reflect reduced risk
CryptoNewsLand20m ago
SHIB Holds Weak Range as Burn Rate Drops and Pressure Builds
Key Insights
SHIB remains within a long-standing descending channel, with price stuck in the lower range and unable to break persistent resistance levels.
The burn rate dropped sharply, removing a short-term support factor and reducing retail-driven momentum seen earlier during increased
CryptoNewsLand24m ago
HYPE Price Break Signals Deeper Pullback Amid Weak Momentum
Key Insights:
HYPE broke below $37 support after repeated tests, signaling weakening buyer strength and confirming growing bearish control across short-term price structure movements.
Fibonacci levels identify $32.44 and $29.5 as critical demand zones, where buyers may re-enter as
CryptoNewsLand29m ago
Solana Price Faces Downside Risk as Bears Eye $74 Zone
Key Insights
Solana trades near eighty dollars as bearish momentum builds, with indicators signaling weakness and increasing probability of testing lower support levels soon.
Technical signals, including weak MACD and low RSI momentum, indicate sellers remain dominant, reinforcing downside p
CryptoNewsLand34m ago
Dogecoin Sees Rising Long Bets While Price Stays Under Pressure
Dogecoin's long positioning increases as traders expect a rebound, yet significant short positions and declining trading volume suppress price movement. The market lacks direction, showing a sideways to slightly bearish outlook as the price struggles to gain momentum.
CryptoNewsLand1h ago
Dogecoin Eyes Breakout as Bollinger Bands Signal Price Shift
Key Insights:
Dogecoin trades near resistance as Bollinger Bands tighten, signaling reduced volatility and an increasing likelihood of a sharp directional price movement soon.
Declining trading volume reflects market hesitation, yet reduced selling pressure may still support upward
CryptoNewsLand1h ago