The crypto market rebounded slightly, with the AI sector up 3.63%, while only the Meme and CeFi sectors declined.

PANews October 16 news, according to SoSoValue data, the crypto market sectors overall showed a slight upward trend, with the AI sector performing notably well, rising 3.63% in 24 hours. Among them, Akedo (AKE) rose 16.45%, and Venice Token (VVV) rose 10.25%. At the same time, Bitcoin (BTC) rose 0.54%, breaking through $82,000; Ethereum (ETH) rose 0.78%, breaking through $2,400.

In other sectors, the DePIN sector rose 2.54% in 24 hours, with Grass (GRASS) up 9.34%; the Layer2 sector rose 2.11%, with Starknet (STRK) up 11.48%; the PayFi sector rose 1.94%, with Zcash (ZEC) up 7.92%; the DeFi sector rose 1.46%, with Curve DAO (CRV) up 7.56%; the Layer1 sector rose 1.16%, with Injective (INJ) up 13.88%.

In addition, the Meme sector fell 0.26%, but Pons (PONS) rose 9.40%; the CeFi sector fell 0.22%, with OKB down 3.29%.

The crypto sector indices reflecting the historical performance of the sectors show that the ssiAI, ssiDePIN, and ssiRWA indices rose 3.87%, 3.24%, and 2.92%, respectively.

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