The cryptocurrency market experienced a notable rebound, with the DeFi sector leading the charge by rising 3.53% in the past 24 hours, according to SoSoValue data. Hyperliquid (HYPE) and Morpho Token (MORPHO) were standout performers within DeFi, increasing by 11.85% and 9.10%, respectively. Bitcoin (BTC) also saw gains, climbing 1.75% to surpass $78,000, while Ethereum (ETH) rose 2.41% to break through $2,300.
Other sectors also showed positive movement, with the Meme sector up 2.21%, driven by a 12.42% rise in MemeCore (M). The Layer2 sector increased by 1.83%, highlighted by a 14.71% gain in Stacks (STX). The CeFi sector climbed 1.52%, with Cronos (CRO) rising 7.71%, and the Layer1 sector increased by 1.46%, led by a 5.80% rise in Kaspa (KAS). However, the NFT and GameFi sectors saw declines of 0.86% and 1.53%, respectively.
DeFi Sector Leads Crypto Market Rebound with 3.53% Gain
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
