Data shows that the Crypto Assets market is overall weak, but the SocialFi zone performs outstandingly.

Gate News bot message, according to the latest data from SoSoValue, influenced by the better-than-expected US August PMI data and hawkish comments from Fed officials, the expectations for a rate cut in September have cooled, and the Crypto Assets market is generally showing a downward trend. However, the SocialFi zone is rising slightly by 0.73%, with Toncoin (TON) rising by 1.92%.

Bitcoin (BTC) has fallen by 1.54% in the last 24 hours, dropping below the $113,000 mark. Ethereum (ETH) has 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. PayFi, Meme, Layer1, DeFi, and Layer2 zones all experienced varying degrees of decline. It is worth noting that SKALE (SKL) rose against the trend by 10.86%.

The Crypto Assets zone index shows that ssiSocialFi has risen by 0.98%, while the ssiCeFi and ssiLayer1 indices have fallen by 1.38% and 2.38%, respectively.