PANews reported on September 15th that according to SoSoValue data, all sectors of the crypto market experienced a correction. Bitcoin (BTC) fell 0.49% over the past 24 hours, briefly falling below $115,000. Ethereum (ETH) dropped 1.01%, briefly falling below $4,600 after breaking through $4,700. Furthermore, the GameFi sector led the decline, with a 3.03% drop. Within the sector, ImmutableX (IMX) saw a slight increase of 0.90%, but Four (FORM) plummeted 12.71%.
In other sectors, the CeFi sector fell 0.74% in 24 hours, and Hyperliquid (HYPE) fell 2.52%; the Layer2 sector fell 1.48%, but Mantle (MNT) was relatively strong, rising 0.65%; the Layer1 sector fell 1.50%, Solana (SOL) and Cardano (ADA) fell 2.24% and 3.89% respectively; the PayFi sector fell 1.82%, and Monero (XMR) rose 4.44%; the DeFi sector fell 2.21%, and Uniswap (UNI) rose 6.40%; the Meme sector fell 2.85%, and MemeCore (M) and Pump.fun (PUMP) rose 1.15% and 1.66% respectively.

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

