PANews reported on December 8th that, according to SoSoValue data, the cryptocurrency market saw mixed performance across various sectors. Bitcoin (BTC) rebounded above $91,000 after falling below $88,000 over the weekend, a 1.91% increase in the past 24 hours. Ethereum (ETH) rose 1.97%, breaking through the $3,100 mark. Meanwhile, MAG7.ssi rose 1.56%. Additionally, the SocialFi sector rose 2.02% in the past 24 hours, with Toncoin (TON) increasing by 2.26%.
Other sectors that performed well include: the NFT sector, which rose 1.55% in the last 24 hours, with Audiera (BEAT) up 24.50%; the PayFi sector, which rose 1.21%, with Bitcoin Cash (BCH) up 2.60%; the CeFi sector, which rose 1.09%, with Mantle (MNT) up 3.11%; and the Layer 1 sector, which rose 0.70%, with Zcash (ZEC) up 3.96%.
In other sectors, the Layer 2 sector fell 0.08%, but Zora (ZORA) rose 1.70%; the Meme sector fell 0.37%, but PIPPIN (PIPPIN) bucked the trend and rose 22.31%; the DeFi sector fell 0.72%, with Ethena (ENA) rising 4.18%.

Robinhood acquired an Indonesian brokerage and digital asset trading firm to access a market with 17 million crypto investors. Crypto and stock trading platform Robinhood is set to tap into Indonesia’s burgeoning cryptocurrency trading market after an agreement to acquire two local fintech companies.In an announcement on Sunday, Robinhood said it has entered into agreements to acquire Buana Capital, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader, “marking our entry into one of Southeast Asia’s fastest-growing markets.”It said that Indonesia has more than 19 million capital market investors and 17 million crypto investors, making it a “compelling market for equities and crypto trading.”Read more

