The cryptocurrency market experienced a notable recovery, driven by positive sentiment following remarks from Federal Reserve officials. The PayFi sector led the gains, rising 2.44% in the past 24 hours. Notable performers included Telcoin (TEL) and Stellar (XLM), which increased by 5.21% and 5.45%, respectively. Bitcoin (BTC) rebounded by 1.21%, surpassing the $86,000 mark after previously dipping below $80,000. Meanwhile, Ethereum (ETH) saw a slight decline of 0.35%, trading near $2,800. Other sectors showed mixed results, with RWA up 1.48%, DeFi gaining 1.29%, Meme increasing by 1.21%, and Layer1 edging up 0.45%. Conversely, CeFi and Layer2 sectors experienced minor declines, down 0.06% and 0.37%, respectively.