Following disappointing U.S. ISM non-manufacturing PMI data, crypto markets saw declines with Bitcoin at $113K and notable losses in riskier sectors, while select assets demonstrated resilience.
Crypto markets pulled back after weaker-than-expected U.S. ISM Non-Manufacturing PMI data stoked stagflation concerns. Bitcoin dropped 0.76% to $113K, Ethereum fell below $3,600, and XRP slid 4% to $2.92. Riskier sectors like SocialFi, NFTs, and meme coins suffered significant losses, though assets such as Mantle and Pump.fun posted gains.