The encryption zone generally experienced a pullback, with the SocialFi zone leading the fall by over 4%, and BTC falling below $108,000.

PANews, July 8 - According to SoSoValue data, the crypto market zone has generally experienced a pullback after a continuous rise. Among them, the SocialFi zone has fallen 4.02% in the last 24 hours. Within the zone, Toncoin (TON) has decreased by 4.21%, and Chiliz (CHZ) has dropped by 3.48%. Furthermore, Bitcoin (BTC) has fallen by 1.40%, although it once broke through $109,000 during the day and has now retreated to $107,000. Ethereum (ETH) has decreased by 1.69%, pulling back to around $2,500. In other zones, the PayFi zone fell by 0.86% in the last 24 hours, with Monero (XMR) and Telcoin (TEL) dropping by 3.01% and 3.32% respectively; the CeFi zone fell by 1.00%, with Hyperliquid (HYPE) falling by 5.07%; the Layer1 zone fell by 1.66%, with Sui (SUI) and Avalanche (AVAX) dropping by 3.04% and 3.52% respectively; the DeFi zone fell by 2.07%, with Aave (AAVE) and Ondo Finance (ONDO) dropping by 3.05% and 3.20% respectively; the Layer2 zone fell by 2.58%, with Celestia (TIA) dropping by 5.28%; the Meme zone fell by 3.44%, with SPX6900 (SPX) and Fartcoin (FARTCOIN) dropping by 8.32% and 8.63% respectively.