On July 8, the cryptocurrency market sector generally experienced a pullback after continuous gains. Among them, the SocialFi sector dropped 4.02% in 24 hours. Within the sector, Toncoin (TON) fell 4.21% and Chiliz (CHZ) dropped 3.48%. Additionally, Bitcoin (BTC) decreased by 1.40%, briefly surpassing $109,000 during the day but now retreating to $107,000. Ethereum (ETH) fell 1.69%, pulling back to around $2,500. In other sectors, the PayFi sector declined by 0.86%, with Monero (XMR) and Telcoin (TEL) dropping 3.01% and 3.32% respectively; the CeFi sector fell by 1.00%, with Hyperliquid (HYPE) down 5.07%; the Layer1 sector decreased by 1.66%, with Sui (SUI) and Avalanche (AVAX) falling 3.04% and 3.52% respectively; the DeFi sector dropped by 2.07%, with Aave (AAVE) and Ondo Finance (ONDO) down 3.05% and 3.20%; the Layer2 sector decreased by 2.58%, with Celestia (TIA) down 5.28%; the Meme sector fell by 3.44%, with SPX6900 (SPX) and Fartcoin (FARTCOIN) down 8.32% and 8.63% respectively. The cryptocurrency sector index reflecting historical market trends shows that the ssiSocialFi, ssiNFT, and ssiAI indices fell by 4.18%, 4.07%, and 3.91% respectively in 24 hours.

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