Data: Crypto Market Stabilizes and Rebounds as BTC Surpasses $109,000 and ETH Rises Over 7%

According to ChainCatcher, citing SoSoValue data, after two consecutive days of correction, the crypto market has rebounded, with most assets rising between 2% and 9%. Bitcoin (BTC) rose 3.12% in the past 24 hours, breaking through the $109,000 mark. Ethereum (ETH) increased by 7.03%, approaching $2,600. Meanwhile, MAG7.ssi rose 4.39%, DEFI.ssi climbed 7.39%, and MEME.ssi gained 7.85%.

Other standout sectors include: the AI sector, which surged 9.06% in 24 hours, with Virtuals Protocol (VIRTUAL) and ai16z (AI16Z) up 13.33% and 16.05% respectively; the Meme sector rose 8.57%, with dogwifhat (WIF) up 16.56%, and Bonk (BONK) jumping 20.06% in 24 hours, driven by news that Tuttle Capital is set to launch a 2x leveraged BONK ETF; the Layer2 sector increased by 8.23%, with Celestia (TIA) up 17.67%; the RWA sector rose 8.06%, with Plume (PLUME) and Keeta (KTA) up 18.72% and 24.07% respectively.

Additionally, the DeFi sector rose 6.59%, with Uniswap (UNI) up 12.28% within the sector; the Layer1 sector increased by 4.27%, with Cardano (ADA) up 7.88%; the PayFi sector rose 3.15%, with Stellar (XLM) up 5.20%; and the CeFi sector climbed 2.61%, with Hyperliquid (HYPE) up 8.31%.

Indices reflecting historical sector performance show that the ssiAI, ssiGameFi, and ssiLayer2 indices rose 9.35%, 9.25%, and 8.52% respectively over the past 24 hours.