PANews reported on September 9th that, according to SoSoValue data, most sectors in the crypto market rose today. The AI sector saw a 24-hour gain of 14.38%, with Worldcoin (WLD) surging 53.82%. Driven by news that Eightco plans to raise $250 million to establish a WLD reserve, OpenLedger (OPEN) soared 650.60%, and KAITO rose 45.91%. SocialFi and CeFi sectors fell 0.23% and 0.33%, respectively. Toncoin (TON) fell 0.65%, while Hyperliquid (HYPE) bucked the trend and surged 7.16% to a new high. Among other sectors, NFT rose 4.34%, Meme rose 3.75%, Layer2 rose 3.50%, DeFi rose 2.53%, PayFi rose 2.05%, and Layer1 rose 1.48%.

Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors. Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more

