The cryptocurrency market experienced a broad rally, with the DeFi sector leading the charge, gaining 3.34% in the past 24 hours. Notable performers in the DeFi space included LAB, which surged 17.39%, Genius up 8.29%, and Hyperliquid rising 4.86%. Bitcoin also saw a significant increase, climbing 1.53% to surpass the $65,000 mark, while Ethereum rose 1.95% to exceed $1,700.
Other sectors also showed positive momentum. The DePIN sector increased by 2.64%, with Grass jumping 13.43%. The AI sector rose 2.00%, highlighted by Worldcoin's 8.91% gain. Layer1 and Layer2 sectors saw gains of 1.95% and 1.64%, respectively, with Zcash up 10.65% and Stacks rising 4.56%. Meanwhile, the PayFi sector increased by 1.76%, led by Dash's 5.89% rise, and the CeFi sector edged up 0.52%, with Cronos gaining 3.66%. The Meme sector saw a modest increase of 0.19%, driven by Banana For Scale's impressive 35.77% surge. However, the NFT sector, which had previously seen significant gains, fell by 15.58%, with Audiera dropping 26.56%.
Crypto Market Rallies as DeFi Sector Gains Over 3%, BTC Surpasses $65,000
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