The crypto market continues to pull back, with BTC falling below $68,000. Only the NFT, Layer2, and SocialFi sectors remain relatively resilient.

BTC4,76%
ETH6,63%
APE3,93%
TON-2,22%

PANews February 12 News, according to SoSoValue data, the overall crypto market is trending downward, with Bitcoin (BTC) down 1.97%, falling below $68,000; Ethereum (ETH) down 2.83%, falling below $2,000. Only the NFT, SocialFi, and Layer2 sectors remain relatively resilient, with 24-hour increases of 1.40%, 0.53%, and 0.04% respectively. Within the NFT sector, ApeCoin (APE) rose 1.30%; within SocialFi, Toncoin (TON) increased 0.68%; in the Layer2 sector, zkSync (ZK) rose 4.38%.
In other sectors, Meme experienced a 0.29% decline over 24 hours, but PIPPIN (PIPPIN) surged 33.94%; Layer1 declined 1.35%, with Zcash (ZEC) remaining relatively strong, up 2.41%; CeFi declined 1.46%, with Aster (ASTER) surging 8.90% during trading; DeFi fell 1.71%, but Hyperliquid (HYPE) defied the trend with a 4.08% increase; PayFi declined 1.88%, while eCash (XEC) rose 4.11%.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC Breaks Through 66,000 USDT

Gate News bot message, Gate Market Display, BTC Breaks 66,000 USDT, current price 66,006.4 USDT.

CryptoRadar4m ago

South Korean police arrest two suspects involved in the theft of 22 Bitcoin evidence

The police in Gyeonggi Province, South Korea, have arrested two suspects for allegedly stealing 22 Bitcoins. These Bitcoins were seized during an investigation into a 2021 hacking case and were illegally transferred due to improper storage by the police. They have not yet been recovered, with an estimated loss of approximately $1.5 million.

GateNewsBot14m ago

Analysis: Multiple Bitcoin mining company stocks defy the trend and strengthen, with short covering and electricity advantages being key drivers

Despite Bitcoin prices dropping nearly 17%, the stock prices of several Bitcoin mining companies like TeraWulf and Cipher Mining have risen. Analysis indicates that these mining companies have a high proportion of hedge fund short positions, and a fundamental improvement could trigger a rebound. These companies have attractive power contracts, and capital is flowing toward structural winners.

GateNewsBot16m ago

Why is Ethereum's ability to replicate the Q2/2025 growth rate more difficult compared to Bitcoin

Ethereum (ETH) showcases a struggle between long-term trust and short-term speculation, with impressive smart contract growth contrasting a significant price drop. While development activity remains high, market sentiment is heavily influenced by leverage trading, hindering sustainable growth and questioning ETH's ability to outperform Bitcoin in the future.

TapChiBitcoin18m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)