The crypto market stabilizes and rebounds, ETH rises over 8%, BTC briefly surpasses $110,000

Odaily Planet Daily News: According to SoSoValue data, after a series of corrections, the crypto market has rebounded, with general gains ranging from 2% to 8%. Ethereum (ETH) rose 8.28% in 24 hours, surpassing $2700. Bitcoin (BTC) increased by 3.93%, briefly rising above $110,000.

Other standout sectors include: the DeFi sector, which rose 7.64% in 24 hours, with Uniswap (UNI) and Aave (AAVE) rising 11.98% and 13.04% respectively; the Meme sector rose 7.48%, with Fartcoin (FARTCOIN) and SPX6900 (SPX) rising 11.87% and 17.25% respectively; the AI sector rose 7.46%, with Virtuals Protocol (VIRTUAL) and Bittensor (TAO) rising 10.14% and 10.27% respectively; the Layer2 sector rose 5.71%, with Optimism (OP) and Arbitrum (ARB) rising 8.42% and 8.83% respectively.

Additionally, the SUI ecosystem sector rose 5.65% in 24 hours, with SUI rising 5.68%, Walrus (WAL) and Cetus Protocol (CETUS) rising 7.83% and 9.10% respectively; the Layer1 sector rose 4.43%, with Solana (SOL) rising 4.80%; the PayFi sector rose 2.99%, the CeFi sector rose 2.95%, and Hyperliquid (HYPE) rose 11.40%.