According to SoSoValue, the cryptocurrency market remained in a narrow range on Aug. 12. Bitcoin (BTC) declined 0.30% to trade around $63,000, while Ethereum (ETH) gained 0.44% to hold near $1,800. The CeFi sector delivered the strongest performance, rising 1.89% in 24 hours. Binance Coin (BNB) advanced 3.12%, and Aster (ASTER) rose 1.00%. Other sectors also posted gains: Layer1 was up 1.22% with Canton Network (CC) adding 3.40%; the Meme sector rose 0.76% with Dogecoin (DOGE) up 3.04%; and PayFi increased 0.15% as Trust Wallet (TWT) jumped 5.72%. On the losing side, the NFT sector fell more than 6%. DeFi dropped 0.41%, although Chainlink (LINK) surged 3.99%. Layer2 declined 1.70%, but ImmutableX (IMX) held up with a gain of 1.79%. Meanwhile, sector indexes ssiCeFi, ssiAI and ssiMeme rose 2.64%, 2.26% and 1.74%, respectively.
On Aug. 12, the cryptocurrency market traded in a narrow range. SoSoValue data shows Bitcoin (BTC) slipped 0.30%, while Ethereum (ETH) rose 0.44%, holding around $63,000 and $1,800, respectively.
The CeFi sector outperformed, adding 1.89% in 24 hours. Binance Coin (BNB) climbed 3.12%, and Aster (ASTER) gained 1.00%. Among other sectors, Layer1 rose 1.22%, with Canton Network (CC) up 3.40%; Meme added 0.76%, with Dogecoin (DOGE) gaining 3.04%; PayFi inched up 0.15%, while Trust Wallet (TWT) jumped 5.72%.
On the downside, the NFT sector fell more than 6%. DeFi declined 0.41%, but Chainlink (LINK) surged 3.99%. Layer2 dropped 1.70%, although ImmutableX (IMX) held up with a 1.79% gain.
Sector index data showed ssiCeFi, ssiAI and ssiMeme rising 2.64%, 2.26% and 1.74%, respectively.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.