As reported by HashNews, SoSoValue data shows the crypto market has seen a recovery in sentiment, influenced by comments from Federal Reserve officials. The PayFi sector rose 2.44% in 24 hours, with Telcoin (TEL) up 5.21% and Stellar (XLM) up 5.45%. Bitcoin (BTC) increased 1.21%, rebounding above $86,000 after breaking through the $80,000 level. Ethereum (ETH) fell 0.35%, hovering near $2,800. Other sectors saw mixed performances: RWA rose 1.48%, DeFi 1.29%, Meme 1.21%, and Layer1 0.45%. CeFi and Layer2 declined slightly, with CeFi down 0.06% and Layer2 down 0.37%.
Crypto Market Volatility: PayFi Rises 2.44%, BTC Rebounds to $86,000
HashNewsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.