According to SoSoValue data from Odaily Planet Daily on August 20th, market sentiment was depressed, and the crypto sector suffered across the board, with 24-hour declines ranging from 2% to 6%. Ethereum (ETH) fell 4.79%, falling below $4,100. Bitcoin (BTC) dropped 2.69%, falling below $113,000. The PayFi sector, which had been relatively resilient the previous day, fell 5.65%. Within the sector, XRP and Telcoin (TEL) dropped 5.52% and 7.17%, respectively, but Ultima (ULTIMA) surged 14.25%.

In other sectors, the CeFi sector fell 2.29% in the past 24 hours. Within the sector, OKB rose for two consecutive days, climbing another 5.76% during the session; the Layer 1 sector fell 3.35%, and Cardano (ADA) fell 8.83%; the Layer 2 sector fell 3.75%, but Mantle (MNT) rose 5.51% during the session; the DeFi sector fell 4.25%, and Lido DAO (LDO) rose slightly by 1.01%; the Meme sector fell 5.25%, but MemeCore (M) rose against the trend by 6.91%.

The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiNFT, ssiPayFi, and ssiMeme indices fell by 5.84%, 5.69%, and 5.36%, respectively.