PANews reported on October 28th that, according to SoSoValue data, various sectors of the crypto market experienced a slight pullback after a period of continuous growth. The Layer 2 sector led the way with a 4.46% 24-hour decline. Within the sector, Mantle (MNT) fell 5.43%, Zora (ZORA) dropped 7.58%, and Merlin Chain (MERL), which had previously seen significant gains, dropped 16.80%. Additionally, Bitcoin (BTC) fell 0.80%, pulling back to $114,000. Ethereum (ETH) dropped 1.43%, falling below the $4,200 mark. In other sectors, the CeFi sector fell 0.35% in 24 hours, of which Aster (ASTER) fell 8.44%; the PayFi sector fell 0.86%, and Ultima (ULTIMA) was relatively strong, rising 5.36%; the Layer1 sector fell 1.33%, but Hedera (HBAR) rose 6.05%, which may be affected by the expected listing of the HBAR spot ETF on the Nasdaq on Tuesday; the Meme sector fell 2.73%, and within the sector, MemeCore (M) and OFFICIAL TRUMP (TRUMP) rose against the trend by 4.90% and 9.96% respectively; the DeFi sector fell 2.86%, and Uniswap (UNI) fell 4.70%.PANews reported on October 28th that, according to SoSoValue data, various sectors of the crypto market experienced a slight pullback after a period of continuous growth. The Layer 2 sector led the way with a 4.46% 24-hour decline. Within the sector, Mantle (MNT) fell 5.43%, Zora (ZORA) dropped 7.58%, and Merlin Chain (MERL), which had previously seen significant gains, dropped 16.80%. Additionally, Bitcoin (BTC) fell 0.80%, pulling back to $114,000. Ethereum (ETH) dropped 1.43%, falling below the $4,200 mark. In other sectors, the CeFi sector fell 0.35% in 24 hours, of which Aster (ASTER) fell 8.44%; the PayFi sector fell 0.86%, and Ultima (ULTIMA) was relatively strong, rising 5.36%; the Layer1 sector fell 1.33%, but Hedera (HBAR) rose 6.05%, which may be affected by the expected listing of the HBAR spot ETF on the Nasdaq on Tuesday; the Meme sector fell 2.73%, and within the sector, MemeCore (M) and OFFICIAL TRUMP (TRUMP) rose against the trend by 4.90% and 9.96% respectively; the DeFi sector fell 2.86%, and Uniswap (UNI) fell 4.70%.
The crypto sector generally fell back, with the Layer2 sector leading the decline by over 4%.
2025/10/28 10:40
PANews reported on October 28th that, according to SoSoValue data, various sectors of the crypto market experienced a slight pullback after a period of continuous growth. The Layer 2 sector led the way with a 4.46% 24-hour decline. Within the sector, Mantle (MNT) fell 5.43%, Zora (ZORA) dropped 7.58%, and Merlin Chain (MERL), which had previously seen significant gains, dropped 16.80%. Additionally, Bitcoin (BTC) fell 0.80%, pulling back to $114,000. Ethereum (ETH) dropped 1.43%, falling below the $4,200 mark.
In other sectors, the CeFi sector fell 0.35% in 24 hours, of which Aster (ASTER) fell 8.44%; the PayFi sector fell 0.86%, and Ultima (ULTIMA) was relatively strong, rising 5.36%; the Layer1 sector fell 1.33%, but Hedera (HBAR) rose 6.05%, which may be affected by the expected listing of the HBAR spot ETF on the Nasdaq on Tuesday; the Meme sector fell 2.73%, and within the sector, MemeCore (M) and OFFICIAL TRUMP (TRUMP) rose against the trend by 4.90% and 9.96% respectively; the DeFi sector fell 2.86%, and Uniswap (UNI) fell 4.70%.
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