The crypto sector generally fell back, with the SocialFi sector leading the decline by more than 4%, and BTC fell below $108,000

Odaily Planet Daily News On July 8, according to SoSoValue data, the crypto market sectors generally experienced a correction after continuous rises. Among them, the SocialFi sector fell 4.02% in 24 hours. Within the sector, Toncoin (TON) fell 4.21%, and Chiliz (CHZ) fell 3.48%. In addition, Bitcoin (BTC) fell 1.40%, but once broke through $109,000 during the session and now fell back to $107,000. Ethereum (ETH) fell 1.69% and pulled back to around $2,500. In other sectors, the PayFi sector fell 0.86% in 24 hours, Monero (XMR) and Telcoin (TEL) fell 3.01% and 3.32% respectively; the CeFi sector fell 1.00%, of which Hyperliquid (HYPE) fell 5.07%; the Layer1 sector fell 1.66%, and within the sector, Sui (SUI) and Avalanche (AVAX) fell 3.04% and 3.52% respectively; the DeFi sector fell 2.07%, Aave (AAVE) and Ondo Finance (ONDO) fell 3.05% and 3.20% respectively; the Layer2 sector fell 2.58%, Celestia (TIA) fell 5.28%; the Meme sector fell 3.44%, SPX6900 (SPX) and Fartcoin (FARTCOIN) fell 8.32% and 8.63% respectively. The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiSocialFi, ssiNFT, and ssiAI indices fell by 4.18%, 4.07%, and 3.91% respectively in 24 hours.