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Data: The cryptocurrency sector saw a broad decline, with the GameFi sector leading the drop by nearly 6%, and BTC falling below $109,000.

Data: The cryptocurrency sector saw a broad decline, with the GameFi sector leading the drop by nearly 6%, and BTC falling below $109,000.

ChaincatcherChaincatcher2025/09/01 02:56
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ChainCatcher reported, citing SoSoValue data, that most sectors in the crypto market experienced declines, with drops ranging from approximately 2% to 6%. Among them, the GameFi sector led the decline over the past 24 hours, falling by 5.93%. Within the sector, Four (FORM) plunged by 21.27%, mainly due to large whale transfers to exchanges, triggering panic selling. In addition, Bitcoin (BTC) dropped 1.18% in 24 hours, falling below $109,000. Ethereum (ETH) fell 0.96%, briefly dropping below $4,400.

In other sectors, the CeFi sector fell 0.77% over 24 hours, but Hyperliquid (HYPE) rose 0.36%. The Layer2 sector dropped 1.10%, with POL (ex-MATIC) bucking the trend and rising 10.79%. The Layer1 sector fell 1.78%, with Solana (SOL) and Cardano (ADA) down 3.11% and 3.45% respectively. The Meme sector dropped 2.92%, while BUILDon (B) and MemeCore (M) remained relatively resilient, rising 4.80% and 7.55% respectively. The DeFi sector fell 3.05%, the PayFi sector dropped 3.35%, and Monero (XMR) surged 1.08% intraday.

Indices reflecting the historical performance of crypto sectors showed that the ssiNFT, ssiAI, and ssiRWA indices fell by 4.72%, 4.22%, and 3.54% respectively.

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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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