Most of the crypto market is down, with only the CeFi and Meme sectors holding up relatively well.

Crypto Markets Mixed as GameFi Slides 5%, Meme Coins Stay Resilient

Crypto markets showed mixed and choppy action on Tuesday, with most sectors in the red. The GameFi sector dropped 5.02% over the past 24 hours, with The Sandbox (SAND) down 2.41% and Axie Infinity (AXS) falling 1.94%. Only CeFi and Meme sectors held up relatively well, gaining 0.40% and 0.23%, respectively. Within CeFi, Gate (GT) rose 2.52% and Binance Coin (BNB) added 0.66%. In the Meme sector, Binance Life surged another 66.27%.

Bitcoin (BTC) gained 0.40%, climbing above $74,000 and hitting an intraday high above $76,000. Ethereum (ETH) pulled back 1.28% after briefly breaking above $2,400.

Other sectors also saw declines. PayFi dipped 0.30%, though SafePal (SFP) rose 1.60%. Layer1 fell 0.53%, but TRON (TRX) gained 0.96%. DeFi dropped 0.68%, while newly launched Genius (GENIUS) jumped 24.72%. Layer2 slid 1.90%, with Mantle (MNT) down 3.45%.

Sector indices painted a similar picture. The ssiAI index fell 4.02%, ssiSocialFi dropped 2.99%, and ssiDePIN slid 2.30%.