Data: The cryptocurrency market is rising, with MAG7.ssi up over 6% and the PayFi sector rising 17.06%
ChainCatcher news, according to SoSoValue data, three cryptocurrency bills have been passed by the House of Representatives, leading to an overall increase in the crypto market, with gains generally around 2% to 6%. Among them, the PayFi sector surged by 17.06% in 24 hours, driven by the positive news of the "Genius Bill" passing and the expectation that it will be signed by Trump on Friday. Within the sector, Stellar (XLM) and XRP rose by 11.42% and 18.15%, respectively. Additionally, ETH increased by 5.85%, breaking the $3500 mark.It is noteworthy that XRP and ETH's strong upward movement, as core components of MAG7.ssi, has propelled MAG7.ssi to continue rising, reaching a 24-hour increase of 6.37%, approaching the 0.98 USDT mark. Furthermore, DEFI.ssi rose by 6.49%, and MEME.ssi increased by 2.56%.In other sectors, the Layer2 sector rose by 5.73%, with Mantle (MNT) increasing by 11.86%; the DeFi sector rose by 4.56%, with Uniswap (UNI), Ondo Finance (ONDO), and Chainlink (LINK) increasing by 13.01%, 13.31%, and 13.69%, respectively; the Layer1 sector rose by 4.31%, with Cardano (ADA) and Hedera (HBAR) increasing by 14.24% and 24.44%, respectively; the Meme sector rose by 2.95%, with Fartcoin (FARTCOIN) and Dogecoin (DOGE) increasing by 9.53% and 9.86%, respectively; the CeFi sector rose by 1.70%.The cryptocurrency sector indices reflecting historical market trends show that the ssiPayFi, ssiDeFi, and ssiRWA indices increased by 17.92%, 8.44%, and 6.91% in 24 hours, respectively.