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Crypto Market Falls Broadly, Meme Sector Drops Over 4%, BTC Dips Below $78K

OdailyOdaily
ETHUSDT--SOLUSDT--BTCUSDT--

Odaily News: On Aug. 31, according to SoSoValue data, the crypto market saw a pullback after consecutive gains. The Meme sector, which had previously performed strongly, fell 4.19% in 24 hours. Within the sector, OFFICIAL TRUMP (TRUMP) dropped 10.55%, Fartcoin (FARTCOIN) fell 10.44%, and Pump.fun (PUMP) declined 12.40%.

Meanwhile, Bitcoin (BTC) fell 0.44%, dropping below $78,000; Ethereum (ETH) fell 1.61%, slipping below $2,500.

In other sectors, the Layer2 sector fell 0.04% in 24 hours, with Polygon (POL) down 7.98%, but Mantle (MNT) remained relatively strong, rising 5.84%; the CeFi sector fell 1.71%, with OKB (OKB) down 4.09%; the Layer1 sector fell 1.97%, with Solana (SOL) down 3.35%; the PayFi sector fell 2.10%, with Monero (XMR) surging 4.54% intraday; the DeFi sector fell 2.26%, with Uniswap (UNI) bucking the trend to rise 9.31%.

The crypto sector indices reflecting historical sector performance show that the ssiMeme, ssiAI, and ssiNFT indices fell 4.42%, 3.29%, and 3.12%, respectively.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.