CoinVoice has learned that, according to SoSoValue data, due to factors such as the unexpected rise in the U.S. August PMI and hawkish statements from Federal Reserve officials, the expectations for interest rate cuts in September have cooled, and the cryptocurrency market has generally declined, with only the SocialFi sector seeing a slight increase of 0.73%. Within this sector, Toncoin (TON) rose by 1.92%. In addition, Bitcoin (BTC) fell by 1.54% in 24 hours, dropping below $113,000. Ethereum (ETH) declined by 1.80%, maintaining a narrow fluctuation around $4,200.
In other sectors, the CeFi sector fell by 2.32%, but within this sector, OKB and Huobi (HT) saw significant increases of 29.43% and 292.01%, respectively; the PayFi sector decreased by 2.86%, while Ultima (ULTIMA) rose for three consecutive days, peaking at 19.17% during the session; the Meme sector dropped by 3.13%, with Pump.fun (PUMP) falling by 7.38%; the Layer1 sector fell by 3.17%, the DeFi sector dropped by 3.37%, and the Layer2 sector decreased by 3.94%, but SKALE (SKL) rose by 10.86%.
The cryptocurrency sector index reflecting historical market trends shows that ssiSocialFi rose by 0.98%; the ssiCeFi and ssiLayer1 indices fell by 1.38% and 2.38%, respectively. [Original link]
