Odaily News — On September 11, according to SoSoValue data, as US August PPI came in above expectations, market bets on the probability of a Fed rate hike in September rose to 70%. Combined with the ECB's firm commitment to a 25BP defensive rate hike, crypto market sectors declined once again. The PayFi sector showed weakness, leading the decline over 24 hours with a 4.36% drop, among which Zcash (ZEC) fell 11.60%, Dash (DASH) fell 3.83%, and XRP fell 2.48%.
Crypto market declines for two consecutive days, PayFi sector drops 4.36%, BTC falls below $77,000
Odaily News — On September 11, according to SoSoValue data, as US August PPI came in above expectations, market bets on the probability of a Fed rate hike in September rose to 70%. Combined with the ECB's firm commitment to a 25BP…
odaily.news
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Sep 11, 2026 at 2:17 AM UTC · Updated 3 天前 · 1 分钟阅读
Key Signal
4.36% PayFi sector decline
Entities
bitcoin
Last Updated
3 天前
Meanwhile, Bitcoin (BTC) fell 1.53%, dropping below $77,000; Ethereum (ETH) fell 0.40%, dropping below $2,500.
Among other sectors, the CeFi sector fell 1.26% over 24 hours, with Aster (ASTER) down 5.17%; the Layer1 sector fell 2.47%, with Canton Network (CC) down 5.22%; the DeFi sector fell 2.87%, but Raydium (RAY) bucked the trend with a 26.19% gain; the Meme sector fell 3.39%, with MarsCoin (MARSCOIN) and 牛来 (牛来) surging 18.95% and 42.86% respectively during intraday trading; the Layer2 sector fell 4.14%, with Starknet (STRK) down 8.16%.
Crypto sector indices reflecting historical sector performance show that the ssiLayer2, ssiDeFi, and ssiPayFi indices fell 4.23%, 3.21%, and 3.08% respectively.
Follow the Story
- Sep 11Crypto market declines for two consecutive days, PayFi sector drops 4.36%, BTC falls below $77,000
- Sep 14Michael Saylor calls Bitcoin ‘digital capital’ – But BTC’s bull case faces a reality test
- Sep 14Bitcoin Retreats to $76,000 Range on U.S. Inflation Shock
- Sep 14Bitcoin Under Pressure as Markets Eye Fed, Clarity Act Vote -- Market Talk
- Sep 11Crypto market declines for two consecutive days, PayFi sector drops 4.36%, BTC falls below $77,000
- Sep 14Michael Saylor calls Bitcoin ‘digital capital’ – But BTC’s bull case faces a reality test
- Sep 14Bitcoin Retreats to $76,000 Range on U.S. Inflation Shock
- Sep 14Bitcoin Under Pressure as Markets Eye Fed, Clarity Act Vote -- Market Talk
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Originally reported by odaily.news
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Market Context
Bitcoin
BTC
$76,748
-0.72% (24H)
Market Cap
$1.54T
Circulating Supply
20.1M BTC
24H Volume
$16.8B
24H High
$77,400
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