AI Sector Experiences Significant Decline Amid Market Uncertainty

The cryptocurrency market witnessed a widespread downturn, with the AI sector experiencing a notable decline. According to PANews, data from SoSoValue indicates that renewed negotiation deadlocks have sparked market panic, leading to a general pullback in the crypto sector. Over the past 24 hours, the AI sector fell by 7.96%, with Siren (SIREN) dropping 29.88%, Worldcoin (WLD) decreasing by 8.81%, and Kite (KITE) falling 16.60%. Meanwhile, Bitcoin (BTC) declined by 3.17%, falling below $69,000, and Ethereum (ETH) dropped 4.21%, slipping under $2,100. In other sectors, the CeFi sector saw a 2.20% decrease over 24 hours, although Aster (ASTER) rose by 1.35%. The PayFi sector fell by 2.88%, with XRP (XRP) down 3.16%. The Layer1 sector experienced a 3.26% decline, while Canton Network (CC) surged by 2.53% during trading. The DeFi sector dropped 3.77%, yet Onyxcoin (XCN) remained resilient, increasing by 5.34%. The Layer2 sector fell by 4.04%, with OpenLedger (OPEN) defying the trend by rising 8%. The Meme sector decreased by 5.14%, although BUILDon (B) saw a 2.14% increase during trading.