Gate News bot message: According to the latest data from SoSoValue, influenced by the unexpected PMI data from the U.S. in August and hawkish remarks from Fed officials, the expectations for interest rate cuts in September have cooled, and the crypto assets market is generally showing a downward trend. However, the SocialFi zone has risen slightly by 0.73%, with Toncoin (TON) experiencing a rise of 1.92%.
Bitcoin (BTC) fell by 1.54% in the last 24 hours, dropping below the $113,000 mark. Ethereum (ETH) decreased by 1.80%, fluctuating narrowly around $4,200.
In other zones, CeFi fell by 2.32%, but OKB and Huobi (HT) performed well, rising by 29.43% and 292.01% respectively. The PayFi, Meme, Layer1, DeFi, and Layer2 zones all experienced varying degrees of decline. It is worth noting that SKAL