Data: Most cryptocurrency sectors rise, Layer2 sector up over 3%, BTC and ETH slightly down
ChainCatcher News: According to SoSoValue data, the upward revision of the US Q2 GDP exceeded expectations, and Federal Reserve Governor Waller supported a 25 bp rate cut in September. With frequent macro-level positive news, most sectors in the crypto market saw gains. Among them, the Layer 2 sector rose by 3.03% in the past 24 hours, with Mantle (MNT) and ex-MATIC (POL) increasing by 5.2% and 7.21%, respectively.
It is worth noting that Bitcoin (BTC) and Ethereum (ETH) fell by 0.18% and 1.45% respectively in the past 24 hours. BTC continues to fluctuate around $111,000, while ETH dropped below $4,500. In other sectors, the DeFi sector rose by 1.58% in 24 hours, with Chainlink (LINK) up 2.69% and Pyth Network (PYTH) surging 99.74%. On the news front, the US government announced a partnership with Chainlink and Pyth to publish key economic data, including GDP and PCE, on the blockchain. The Layer 1 sector rose by 1.37%, with Solana (SOL) up 4.85%. The CeFi sector increased by 0.49%, with a certain exchange Coin (BNB) up 2.24%. However, Cronos (CRO), which had previously seen significant gains, experienced a correction and fell by 12.75%. The Meme sector rose by 0.27%, with Pump.fun (PUMP) and BUILDon (B) up 12.88% and 20.01%, respectively.
The PayFi sector has seen a pullback for two consecutive days, down 1.35% in the past 24 hours. Within the sector, XRP, Monero (XMR), and Telcoin (TEL) fell by 1.1%, 3.46%, and 5.23%, respectively. The crypto sector indices reflecting historical sector performance show that the ssiLayer 2, ssiDePIN, and ssiSocialFi indices rose by 3.1%, 0.96%, and 0.93%, respectively.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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