Data: The entire crypto market is under pressure, with the Meme sector leading declines of over 8%, and ETH temporarily falling below $4,500.

ZkProver · 2026-03-29T12:04:58+00:00

Affected by the US July PPI exceeding expectations, market sentiment cooled down, and the expectation of a rate cut in September weakened. The crypto market generally declined, with a drop of about 2% to 9% over the past 24 hours. The Meme sector experienced the largest decline, with some tokens like Pepe, SPX, and Fartcoin falling more than 10%. Ethereum and Bitcoin declined, and CeFi and other sectors also showed weakness.

ZkProver

2026-03-29 12:04:58

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ChainCatcher news indicates that, influenced by the significant unexpected rise in the U.S. July PPI, expectations for a substantial interest rate cut in September have weakened, cooling market sentiment. Over the past 24 hours, the cryptocurrency market has faced a broad setback, with declines generally ranging from about 2% to 9%. Among them, the Meme sector fell by 8.62% in 24 hours, with Pepe (PEPE), SPX6900 (SPX), and Fartcoin (FARTCOIN) dropping by 10.43%, 10.97%, and 13.52%, respectively. Additionally, Ethereum (ETH) decreased by 2.43%, briefly falling below $4500, and has now rebounded to above $4600. Bitcoin (BTC) declined by 3.85%, dropping below $119,000.

In other sectors, the CeFi sector fell by 1.18% over 24 hours, with LEO Token (LEO) remaining relatively strong, rising by 1.57%; the Layer1 sector dropped by 3.25%, with Algorand (ALGO) decreasing by 9.86%; the PayFi sector fell by 6.57%, with Velo (VELO) down by 10.55%; the DeFi sector decreased by 6.65%, although Saros (SAROS) and AERO (Aerodrome Finance) rose by 2.19% and 2.28%, respectively; the Layer2 sector fell by 6.73%, while SKALE (SKL) bucked the trend, rising by 47.98%.

The cryptocurrency sector index reflecting historical market trends shows that the ssiGameFi, ssiMeme, and ssiAI indices fell by 8.57%, 8.55%, and 8.35%, respectively.

ETH-1.23%

PEPE-2.53%

SPX-4.16%

FARTCOIN-2.58%

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