The crypto market generally fell back, only PayFi and SocialFi sectors remained relatively strong

PANews reported on July 1 that according to SoSoValue data, the crypto market generally fell back, with only the PayFi and SocialFi sectors relatively strong, rising by 1.56% and 0.19% respectively in the past 24 hours. In the PayFi sector, Monero (XMR), Bitcoin Cash (BCH), and Telcoin (TEL) rose by 2.77%, 3.97%, and 4.29% respectively. In the SocialFi sector, Toncoin (TON) rose by 0.48%.

In addition, Bitcoin (BTC) fell 1.18% in 24 hours, pulling back to $107,000. Ethereum (ETH) fell 0.51% and fluctuated narrowly around $2,500.

In terms of other sectors, the Layer1 sector fell 0.07%, but TRON (TRX) rose 1.27%. Solana (SOL) hit a high of $159 during the session due to news that REX-Osprey Solana Staking ETF will start trading tomorrow. The CeFi sector fell 0.19%, and Binance Coin (BNB) hit a high of 0.39% during the session. The DeFi sector fell 2.12%, while Four (FORM) and PancakeSwap (CAKE) rose against the trend by 1.25% and 2.06% respectively. The Meme sector fell 2.30%, and the previously high SPX6900 (SPX) pulled back, falling 11.54% in 24 hours. The Layer2 sector fell 3.57%, but ex-MATIC (POL) rose 1.09%.

The crypto market generally fell back, only PayFi and SocialFi sectors remained relatively strong

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Author: PA一线

This content is for market information only and is not investment advice.

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In March, overall DEX trading volume fell back to the level of March last year, with Solana DEX trading volume dropping to its lowest point since September 2024.
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