The cryptocurrency market experienced a slight downturn on January 7, 2026, following a period of recent gains. While most sectors faced declines, the DePIN and AI sectors stood out as relative outperformers.
According to data from SoSoValue, the DePIN sector saw a marginal increase of 0.04%, buoyed by positive movements in Render and Golem. In a similar vein, the AI sector surged by 1.06%, with notable contributions from Bittensor and Fartcoin.
Bitcoin experienced a decline of 1.55%, dipping below the $93,000 mark. Meanwhile, Ethereum maintained a steady position, trading above $3,200 with a modest gain of 0.61%.
Other sectors, including Layer 1, DeFi, CeFi, Layer 2, and Meme tokens, largely reported losses, although a few tokens managed to defy this trend. Investor sentiment remains cautious, as indicated by the Crypto Fear & Greed Index, which currently sits at 41, reflecting ongoing anxiety within the market.
As the day unfolds, further updates and developments are anticipated within the cryptocurrency landscape.
