Data: The cryptocurrency market continues to rise, with BTC breaking through $124,000 to reach a new all-time high

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market continues its upward trend, with a general increase of about 2% to 8% over the past 24 hours. Bitcoin (BTC) rose by 3.58%, briefly breaking through $124,000, setting a new historical high, with a market capitalization reaching $2.457 trillion, surpassing Alphabet (Google) and climbing to fifth place in the global mainstream asset rankings. Ethereum (ETH) increased by 3.44%, breaking through $4,700. Meanwhile, MAG7.ssi rose by 5.22%, DEFI.ssi increased by 6.68%, and MEME.ssi surged by 8.74%.

Other standout sectors include: the Layer2 sector, which rose by 8.33% in 24 hours, with Arbitrum (ARB) and zkSync (ZK) increasing by 16.36% and 16.39%, respectively; the Meme sector, which rose by 5.59%, with OFFICIAL TRUMP (TRUMP) and Fartcoin (FARTCOIN) increasing by 7.01% and 10.17%, respectively; the CeFi sector, which rose by 5.39%, with OKB soaring by 132.71%. In news, OKX will destroy approximately 65.25 million historical repurchased and reserved OKB in one go, fixing the total issuance at 21 million; the Layer1 sector rose by 4.89%, with Cardano (ADA) increasing by 13.30%.

In other sectors, the PayFi sector rose by 3.60%, with Velo (VELO) increasing by 9.83%; the DeFi sector rose by 3.30%, with Uniswap (UNI) increasing by 7.08%.

The cryptocurrency sector indices reflecting historical market performance show that the ssiLayer2, ssiMeme, and ssiCeFi indices rose by 9.73%, 6.03%, and 5.40%, respectively.