AI sector surpasses Yield farming again to outperform market by 12%

The crypto AI sector has outperformed yield farming, outperforming Bitcoin with gains of more than 12% over the past 24 hours as Bitcoin tries to hold onto the $22,000 sentiment support.

The total market capitalization of the AI sector is currently at $4.08 billion with a 24-hour trading volume of $838 million.

Data stream aggregator The Graph leads the industry with a market cap of $1.42 billion, while SingularityNET is the biggest profiter, up 16.2% in 24 hours.

The move came as Bitcoin’s volatility rose throughout February 14, bouncing back within the $21,572 to $22,322 range.

Earlier in the day, the best performing sector was yield farming. However, as Bitcoin rose, so did the AI sector, suggesting a stronger correlation between AI and Bitcoin than Bitcoin and yield farming.

The total market capitalization of the yield farming sector is currently at $5.13 billion with a 24-hour volume of $869.79 million. His Uniswap, a DeFi protocol, leads the industry with a market capitalization of $4.85 billion, and Trader Joe has the biggest profit in his 24 hours, with him up 4.15%.

Over the last 24 hours, BTC is up 1.91% at press time when priced in dollars. However, the major cryptocurrency does not appear to be leading the market as UNI is up 1.46% against Bitcoin over the same period.