Crypto Market Rebounds, PayFi Sector Leads with 10.29% Surge

In Brief

Crypto market sectors saw gains between 2% and 11% in the last 24 hours, with PayFi leading at 10.29%.

Ethereum (ETH) rose 6.67% to break $2,100, while Bitcoin (BTC) gained 4.70%, surpassing $87,000.

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The crypto market saw a strong rebound, with the PayFi sector leading the way, rising 10.29%. Within the sector, XRP surged 11.25% and Stellar (XLM) climbed 7.40%, according to SoSoValue data.

Key Market Movers:

• Layer1 sector: +7.92% (SOL +5.65%, ADA +23.61%, HBAR +10.59%)
• DeFi sector: +6.72% (AAVE +18.89%)
• Meme sector: +6.01%
• CeFi sector: +5.60%
• Layer2 sector: +3.06%

Ethereum and Bitcoin both saw strong recoveries, with ETH surpassing $2,100 (+6.67%) and BTC breaking $87,000 (+4.70%). Investors are closely watching whether this momentum continues or if resistance levels slow down further gains.

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