Cryptocurrency Market Sees Broad Decline, SocialFi and AI Sectors Buck Trend with Slight Gains

BroadChain learned that at 11:30 on April 20, according to PANews, affected by macro factors, the overall cryptocurrency market is trending downward. Bitcoin (BTC) fell 1.11% in 24 hours to approximately $74,000, while Ethereum (ETH) dropped 2.37% to below $2,300. The SocialFi and AI sectors bucked the trend with slight gains of 1.92% and 0.95%, respectively. Within the SocialFi sector, Toncoin (TON) and Chiliz (CHZ) rose by 1.49% and 4.60%, respectively. In the AI sector, Pieverse (PIEVERSE) and Venice Token (VVV) increased by 77.43% and 4.89%, respectively. Other sectors generally closed lower: the CeFi sector fell 0.86%, with Bitget Token (BGB) up 1.35%; the Layer1 sector dropped 1.06%, with Canton Network (CC) rising 1.64%; the PayFi sector declined 1.46%, with Monero (XMR) slightly up 0.41%; the Meme sector fell 2.17%, with MemeCore (M) down 6.03%; the DeFi sector dropped 2.24%, with Reserve Rights (RSR) bucking the trend with a significant gain of 10.52%; the Layer2 sector decreased 2.28%, with Arbitrum (ARB) down 0.39%.