Data: The crypto market suffered setbacks across the board, with the meme sector leading the decline by more than 8%, and ETH once fell below $4,500

ZkProver · 2026-01-30T01:56:58+00:00

Affected by the US PPI exceeding expectations in July, market sentiment cooled, expectations of interest rate cuts in September weakened, and the crypto market generally fell, falling about 2% to 9% in the past 24 hours. The meme sector fell the most, with some coins such as Pepe, SPX, and Fartcoin falling more than 10% each. Ethereum and Bitcoin fell, and CeFi and other sectors also showed weakness.

ZkProver

2026-01-30 01:56:58

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ChainCatcher news, according to SoSoValue data, due to the sharp exceeding expectations of PPI in July, expectations of a sharp interest rate cut in September have weakened, market sentiment has cooled, and the crypto market has suffered setbacks across the board in the past 24 hours, with a general decline of about 2% to 9%. Among them, the Meme sector fell by 8.62% in 24 hours, and within the sector, Pepe (PEPE), SPX6900 (SPX), and Fartcoin (FARTCOIN) fell by 10.43%, 10.97%, and 13.52% respectively. Additionally, Ethereum (ETH) fell 2.43%, briefly falling below $4,500 and now recovering above $4,600. Bitcoin (BTC) fell 3.85%, falling below $119,000.

In other sectors, the CeFi sector fell 1.18% in 24 hours, and within the sector, LEO Token (LEO) was relatively strong, up 1.57%; The Layer1 sector fell by 3.25%, with Algorand (ALGO) falling by 9.86%; The PayFi sector fell by 6.57%, and Velo (VELO) fell by 10.55%; The DeFi sector fell by 6.65%, but Saros (SAROS) and AERO (Aerodrome Finance) rose by 2.19% and 2.28% respectively; The Layer2 sector fell by 6.73%, and SKALE (SKL) bucked the trend and rose by 47.98%.

According to the crypto sector index, which reflects the historical market conditions of the sector, the ssiGameFi, ssiMeme, and ssiAI indices fell by 8.57%, 8.55%, and 8.35% respectively.

MEME-6,06%

ETH-7,22%

PEPE-5,83%

SPX-12,27%

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