ChainCatcher message, according to SoSoValue data, affected by the better-than-expected US August PMI and the hawkish statements from Federal Reserve officials, the expectation for interest rate cuts in September has cooled down, and the cryptocurrency market has generally declined, with only the SocialFi sector rising slightly by 0.73%. Within the sector, Toncoin (TON) increased by 1.92%. Additionally, Bitcoin (BTC) fell by 1.54% in 24 hours, dropping below $113,000. Ethereum (ETH) decreased by 1.80%, maintaining a narrow fluctuation around $4,200.
In other sectors, the CeFi sector fell by 2.32%, but within the sector, OKB and Huobi (HT) surged by 29.43% and 292.01%, respectively; the PayFi sector dropped by 2.86%, with Ultima (ULTIMA) rising for three consecutive days, peaking at 19.17%; the Meme sector declined by 3.13%, and Pump.fun (PUMP) fell by 7.38%; the Layer1 sector decreased by 3.17%, DeFi sector fell by 3.37%, and Layer2 sector dropped by 3.94%, but SKALE (SKL) rose by 10.86%.
The cryptocurrency sector index reflecting historical trends shows that the ssiSocialFi rose by 0.98%; the ssiCeFi and ssiLayer1 indices fell by 1.38% and 2.38%, respectively.
