Crypto market rebounded widely, PayFi sector led by more than 6%, and BTC rose to $114,000

According to PANews on August 4, according to SoSoValue data, the crypto market rebounded after experiencing continuous declines, with the general increase of about 2% to 6%. Among them, the PayFi sector led the rise of 6.58% in 24 hours. Within the sector, XRP, Telcoin (TEL), and Stellar (XLM) rose by 6.86%, 9.67%, and 10.94% respectively. Meanwhile, Ethereum (ETH) rose 3.23% to break above $3,500. Bitcoin (BTC) rose 1.22% to rebound to $114,000.

The sectors with outstanding performance also include: the NFT sector rose 4.94% 24 hours, among which Pudgy Penguins (PENGU) rose 8.49%; the DeFi sector rose 4.64%, Ethena (ENA) rose 15.07%, Jupiter (JUP) rose 6.30%; the RWA sector rose 4.63%, Pendle (PENDLE) and Keeta (KTA) rose 6.46% and 13.08% respectively.

In other sectors, the Meme sector rose 3.69%, while in the sector, Pump.fun (PUMP) and Bonk (BONK) rose 7.08% and 7.60% respectively; the Layer2 sector rose 3.32%, the Layer1 sector rose 2.42%, and Hedera (HBAR) rose 7.02%; the CeFi sector rose 1.80%, and Cronos (CRO) rose 3.44%.

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