Crypto Market Sees Broad Rebound as Capital Rotates into High-Performing Sectors
The cryptocurrency market saw a rebound in the second week of August (Aug 10-16), as capital rotated into high-performing sectors.
According to data from HTX, representative tokens across BTCFi, DeFi, GameFi, and AI sectors ranked among the top gainers, indicating a clear rotation between sectors.
BTCFi was the strongest performer of the week, led by BTW, which gained 64% to top the weekly gainers list. The project recently launched its Core Alpha incentive program, supporting the development of its multi-chain, non-custodial wallet ecosystem.
The DeFi sector also recorded broad rallies during the week, with COW surging 40%, OBT increasing by 30%, and LINK rising a steady 12%.
The AI narrative maintained momentum, with NIL rising 31% and GRIFFAIN increasing by 17%.