PANews reported on August 22nd that according to SoSoValue data, crypto markets generally fell today, impacted by better-than-expected US PMI data and hawkish Federal Reserve officials, which dampened expectations for a September rate cut. Bitcoin fell 1.54% to below $113,000, while Ethereum dropped 1.80% to around $4,200. Among sectors, SocialFi saw a slight increase of 0.73%, while Toncoin rose 1.92%. CeFi fell 2.32%, but OKB and HT surged 29.43% and 292.01%, respectively. PayFi fell 2.86%, while ULTIMA saw an intraday increase of 19.17%. Meme fell 3.13%, while Pump.fun dropped 7.38%. Layer 1, DeFi, and Layer 2 fell 3.17%, while SKALE rose 3.37%, 3.94%, and 10.86%.PANews reported on August 22nd that according to SoSoValue data, crypto markets generally fell today, impacted by better-than-expected US PMI data and hawkish Federal Reserve officials, which dampened expectations for a September rate cut. Bitcoin fell 1.54% to below $113,000, while Ethereum dropped 1.80% to around $4,200. Among sectors, SocialFi saw a slight increase of 0.73%, while Toncoin rose 1.92%. CeFi fell 2.32%, but OKB and HT surged 29.43% and 292.01%, respectively. PayFi fell 2.86%, while ULTIMA saw an intraday increase of 19.17%. Meme fell 3.13%, while Pump.fun dropped 7.38%. Layer 1, DeFi, and Layer 2 fell 3.17%, while SKALE rose 3.37%, 3.94%, and 10.86%.
The crypto market remains sluggish, with only the SocialFi sector bucking the trend and rising
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PANews reported on August 22nd that according to SoSoValue data, crypto markets generally fell today, impacted by better-than-expected US PMI data and hawkish Federal Reserve officials, which dampened expectations for a September rate cut. Bitcoin fell 1.54% to below $113,000, while Ethereum dropped 1.80% to around $4,200. Among sectors, SocialFi saw a slight increase of 0.73%, while Toncoin rose 1.92%. CeFi fell 2.32%, but OKB and HT surged 29.43% and 292.01%, respectively. PayFi fell 2.86%, while ULTIMA saw an intraday increase of 19.17%. Meme fell 3.13%, while Pump.fun dropped 7.38%. Layer 1, DeFi, and Layer 2 fell 3.17%, while SKALE rose 3.37%, 3.94%, and 10.86%.
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