PANews reported on October 16th that, according to SoSoValue data, while all sectors of the crypto market were generally declining, the AI sector bucked the trend, rising for two consecutive days, with a 24-hour gain of 4.51%. Within the sector, ChainOpera AI (COAI) surged another 56.47%, following yesterday's surge of over 25%. Meanwhile, Bitcoin (BTC) fell 1.29%, falling below $112,000. Meanwhile, Ethereum (ETH) dropped 2.60%, falling to around $4,100.

In other sectors, the CeFi sector fell 1.99% in 24 hours. Within the sector, FTX (FTT) rose against the trend by 9.79%; the Layer1 sector fell 2.57%, among which TRON (TRX) was relatively strong, rising 0.95%; the PayFi sector fell 2.69%, but Dash (DASH) rose 3.83%; the Meme sector fell 3.15%, and MemeCore (M) climbed 1.61% during the session; the DeFi sector fell 3.89%, and PancakeSwap (CAKE) fell 10.07%; the Layer2 sector fell 4.74%, and within the sector, Mantle (MNT) and Zora (ZORA) fell 5.91% and 8.51% respectively.