The crypto market sectors broadly advanced over the past 24 hours, led by gains in the DeFi segment. According to Foresight News, SoSoValue data showed the DeFi sector rose 3.34%, with LAB up 17.39%, Genius up 8.29%, and Hyperliquid up 4.86%.
Bitcoin rose 1.53% to above $65,000, while Ethereum gained 1.95% to above $1,700. Sector indices also increased, with MAG7.ssi up 2.19%, DEFI.ssi up 3.01%, and MEME.ssi up 0.64%.
Other sectors posted gains, including DePIN up 2.64% with Grass rising 13.43%, and the AI sector up 2.00% with Worldcoin up 8.91%. The Layer1 sector increased 1.95%, led by Zcash up 10.65%, while PayFi rose 1.76% with Dash up 5.89%.
Layer2 climbed 1.64% with Stacks up 4.56%, and CeFi rose 0.52% with Cronos up 3.66%. The Meme sector edged up 0.19%, while Banana For Scale rose 35.77%.
In contrast, the NFT sector fell 15.58% after earlier sharp gains, with Audiera down 26.56%. Crypto sector indices tracking historical performance showed ssiDeFi, ssiMAG7, and ssiLayer2 rising 2.71%, 2.38%, and 2.01%, respectively.