Crypto sectors generally declined, but the AI sector rose against the trend for two consecutive days.

On October 16 (UTC+8), according to SoSoValue data, various sectors of the crypto market generally fell, but the AI sector rose against the trend for two consecutive days, with a 24-hour increase of 4.51%. Within the sector, ChainOpera AI ($COAI) rose sharply again by 56.47% after rising more than 25% yesterday. In addition, Bitcoin ($BTC) fell by 1.29%, breaking below $112,000. At the same time, Ethereum ($ETH) fell by 2.60% to around $4,100. In other sectors, the CeFi sector fell by 1.99% in 24 hours, with FTX ($FTT) rising against the trend by 9.79%; the Layer1 sector fell by 2.57%, with TRON ($TRX) being relatively strong, rising by 0.95%; the PayFi sector fell by 2.69%, but $Dash ($DASH) rose by 3.83%; the Meme sector fell by 3.15%, with MemeCore ($M) climbing 1.61% during the session; the DeFi sector fell by 3.89%, with PancakeSwap ($CAKE) falling by 10.07%; the Layer 2 sector fell by 4.74%, with Mantle ($MNT) and $Zora ($ZORA) falling by 5.91% and 8.51% respectively. The crypto sector index, which reflects the historical performance of the sectors, shows that the ssiAI, ssiGameFi, and ssiLayer2 indexes fell by 5.00%, 4.86%, and 4.78% respectively. [SoSoValue]