The post Crypto Market Faces Pressure; SocialFi Sector Defies Trends appeared on BitcoinEthereumNews.com.

Key Points: Broad crypto market declines; SocialFi gains with Toncoin leading. Bitcoin drops 2.07% to below $116,000. Market sentiment impacted by macroeconomic uncertainties. Crypto markets face increased volatility as macroeconomic uncertainties loom, with tariff negotiations on the horizon. Only SocialFi shows resilience, buoyed by Toncoin’s 2.39% gain after three days. Broader market declines across sectors underscore investor caution, except in SocialFi, highlighting sector-specific resilience in uncertain economic conditions. Toncoin remains a standout performer amid general downturns. Macroeconomic Pressures Weigh Down Top Cryptocurrencies Crypto sectors are pressured due to macroeconomic uncertainties, with most experiencing declines from 2% to 6%. SoSoValue data indicates tariff negotiations are crucial factors, as the market sentiment remains cautious. Many major tokens saw declines, with Bitcoin dropping 2.07% to below $116,000 and Ethereum falling 3.20% to $3,700. The SocialFi sector defied the downtrend, increasing by 1.65%, led by Toncoin’s consistent gains. SoSoValue Representative, SoSoValue, “Macro market sentiment is currently sluggish, with broad declines of 2–6% across sectors, while SocialFi remains the only sector to see positive growth.” [Source: SoSoValue analytics] Community reactions highlight the SocialFi sector’s resilience during market downturns. The speculation centers around institutional behaviors as key players remain silent about these financial shifts. SocialFi Sector Defies Downtrend with Toncoin Leading Gains Did you know? SocialFi’s performance showcases its ability to surge during macroeconomic pressures, a pattern seen before during volatile market phases, highlighting its unique sector characteristics. Bitcoin, as per CoinMarketCap, traded at $115,991.96, slipping by 2.06% over the past 24 hours. Bitcoin’s market cap stood at formatNumber(2308256325220.15, 2) and it controlled 61% of the market. Its 30-day and 90-day performance reflected growth of 9.33% and 20.26%, respectively. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 03:26 UTC on August 1, 2025. Source: CoinMarketCap Insights from Coincu research suggest market reactions to macro conditions are affecting…

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Filed under: News - @ August 1, 2025 4:27 am