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Data: The cryptocurrency sector generally retraced, with the SocialFi sector leading the decline by over 4%, and BTC fell below $108,000

2025-07-08 10:49:34

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market sector has generally experienced a pullback after a continuous rise. Among them, the SocialFi sector has dropped 4.02% in the last 24 hours, with Toncoin (TON) down 4.21% and Chiliz (CHZ) down 3.48%. Additionally, Bitcoin (BTC) has decreased by 1.40%, but at one point during the day, it broke through $109,000, now retreating to $107,000. Ethereum (ETH) has fallen by 1.69%, pulling back to around $2,500.

In other sectors, the PayFi sector has decreased by 0.86% in the last 24 hours, with Monero (XMR) and Telcoin (TEL) down 3.01% and 3.32% respectively; the CeFi sector has dropped by 1.00%, with Hyperliquid (HYPE) down 5.07%; the Layer1 sector has fallen by 1.66%, with Sui (SUI) and Avalanche (AVAX) down 3.04% and 3.52% respectively; the DeFi sector has decreased by 2.07%, with Aave (AAVE) and Ondo Finance (ONDO) down 3.05% and 3.20% respectively; the Layer2 sector has dropped by 2.58%, with Celestia (TIA) down 5.28%; the Meme sector has decreased by 3.44%, with SPX6900 (SPX) and Fartcoin (FARTCOIN) down 8.32% and 8.63% respectively.

The cryptocurrency sector indices reflecting the historical performance of the sectors show that the ssiSocialFi, ssiNFT, and ssiAI indices have dropped by 4.18%, 4.07%, and 3.91% respectively in the last 24 hours.

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