Crypto market rebounds after Fed rate decision; PayFi rises 5.03%

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ZEC
$1,382.4822.97%
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DASH
$59.2117.87%
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BTC
$76,460.900.68%
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The crypto market rebounded following the Fed announcement, with PayFi rising 5.03% in 24 hours. Zcash (ZEC) surged 23.28%, and Dash (DASH) climbed 17.21%. Bitcoin (BTC) increased 1.28%, breaking above $76,000, while Ethereum (ETH) gained 1.63%, nearing $2,400. Layer2 (+4.91%), Layer1 (+3.71%), and DeFi (+3.49%) also rose. GameFi declined 8.1%, with Akedo (AKE) down 32.24%. The sector indices ssiAI, ssiLayer2, and ssiDeFi rose 6.02%, 4.98%, and 3.77%, respectively.

Huo Xing Finance reports, according to SoSoValue data, following the conclusion of the Fed's interest rate hike cycle, the crypto market has generally rebounded, with the PayFi sector performing strongly, up 5.03% in 24 hours. Among these, Zcash (ZEC) rose 23.28%, and Dash (DASH) increased 17.21%. Meanwhile, Bitcoin (BTC) gained 1.28%, breaking above $76,000; Ethereum (ETH) rose 1.63%, trading narrowly around the $2,400 level. In other sectors, the Layer2 sector rose 4.91% in 24 hours, with Lisk (LSK) up 31.79%; the Layer1 sector increased 3.71%, with NEAR Protocol (NEAR) up 14.64%; the DeFi sector rose 3.49%, with Bedrock Token (BR) surging 177.57%; the Meme sector gained 1.97%, with Bulla (BULLA) up 46.68%; and the CeFi sector rose 1.96%, with Aster (ASTER) up 5.77%. The GameFi sector, which surged sharply yesterday, experienced a correction, declining 8.1% in 24 hours, with Akedo (AKE) down 32.24%. The crypto sector indices reflecting historical performance show that the ssiAI, ssiLayer2, and ssiDeFi indices rose 6.02%, 4.98%, and 3.77%, respectively.

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