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Guavy AI Editorial Team••Sentiment: -2•Clout: 40

Crypto Market Correction Continues, AI and GameFi Sectors Remain Resilient

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The crypto market has been experiencing a prolonged pullback in recent days, with various sectors feeling the impact. According to data from SoSoValue, Bitcoin (BTC) fell 0.66% over the past 24 hours, dropping to just above $77,000.

This decline was echoed across other major cryptocurrencies, including Ethereum (ETH), which dropped 0.24% and fell below $2,300. However, not all sectors were negatively affected by the market correction.

The AI sector stood out as a bright spot in an otherwise gloomy market, with several tokens experiencing significant gains. Bittensor (TAO) surged 4.2%, while Unibase (UB) soared 18.84% and SkyAI (SKYAI) jumped 35.11%.

The GameFi sector also showed resilience, with Axie Infinity (AXS) and GALA gaining 2.64% and 2.45% respectively. In contrast, other sectors such as Layer2, CeFi, and PayFi declined over the past 24 hours.