The cryptocurrency market is experiencing an upward trend, driven by significant gains in the DeFi sector, which rose 5.15% in the past 24 hours, according to SoSoValue data. Notable performers include TAC, which surged 30.88%, and Hyperliquid, which increased 19.02% following the approval of the Bitwise Hyperliquid ETF. Bitcoin climbed 2.20% to reclaim the $81,000 level, while Ethereum edged up 0.80% towards $2,300.
Other sectors also saw positive movements, with the PayFi sector rising 3.42%, led by Telcoin's 13.85% increase. The Layer1 and Layer2 sectors gained 1.85% and 1.27%, respectively, with Canton Network and ImmutableX posting notable gains. The CeFi sector rose 1.14%, driven by FTX's 5.45% increase. However, the AI sector declined by 2.18%, despite a 7.80% rise in Billions Network. Sector indices such as ssiDeFi and ssiPayFi also reflected strong historical performance, increasing by 6.60% and 3.73%, respectively.
Crypto Market Surges as DeFi Sector Leads with 5.15% Gain
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