Data: Broad Pullback in Crypto Sector, SocialFi Leads Decline with Over 4% Drop, BTC Falls Below $108,000
2025/07/08 02:58According to ChainCatcher, SoSoValue data shows that after a period of continuous gains, most sectors in the crypto market have experienced a general pullback. Specifically, the SocialFi sector fell by 4.02% over the past 24 hours, with Toncoin (TON) down 4.21% and Chiliz (CHZ) down 3.48%. In addition, Bitcoin (BTC) dropped 1.40%, though it briefly surpassed $109,000 during intraday trading before retreating to $107,000. Ethereum (ETH) declined by 1.69%, pulling back to around $2,500.
In other sectors, the PayFi sector fell 0.86% in 24 hours, with Monero (XMR) and Telcoin (TEL) down 3.01% and 3.32% respectively. The CeFi sector dropped 1.00%, with Hyperliquid (HYPE) down 5.07%. The Layer1 sector declined 1.66%, with Sui (SUI) and Avalanche (AVAX) down 3.04% and 3.52% respectively. The DeFi sector fell 2.07%, with Aave (AAVE) and Ondo Finance (ONDO) down 3.05% and 3.20% respectively. The Layer2 sector dropped 2.58%, with Celestia (TIA) down 5.28%. The Meme sector fell 3.44%, with SPX6900 (SPX) and Fartcoin (FARTCOIN) down 8.32% and 8.63% respectively.
Indices reflecting the historical performance of these sectors show that the ssiSocialFi, ssiNFT, and ssiAI indices fell by 4.18%, 4.07%, and 3.91% respectively over the past 24 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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