The cryptocurrency sector is experiencing a recovery trend, with the PayFi sector leading the rise at 7.15%

ChainCatcher news indicates that, according to SoSoValue data, after three days of decline, the cryptocurrency sector has entered a recovery phase, with the PayFi sector leading the way with a rise of 7.15%. Within the sector, XRP, Stellar (XLM), and Ultima (ULTIMA) have increased by 7.87%, 6.63%, and 13.60% respectively over the past 24 hours. Additionally, Bitcoin (BTC) has risen by 4.36%, returning above $80,000, while Ethereum (ETH) has increased by 2.01%.

It is noteworthy that MAG7.ssi has risen by 6.87%, DEFI.ssi by 6.89%, and MEME.ssi by 9.58%. In other sectors:

• The AI sector has risen by 7.14% in the last 24 hours, with Bittensor (TAO) increasing by 12.99% and Render (RENDER) by 8.12%.
• The Meme sector has risen by 6.46%, with Dogecoin (DOGE) and Pepe (PEPE) increasing by 6.30% and 11.95% respectively.
• The Layer2 sector has risen by 6.41%, with Celestia (TIA) increasing by 16.59%.
• The Layer1 sector has risen by 3.54%, the DeFi sector by 3.42%, and the CeFi sector by 3.01%.

Furthermore, the cryptocurrency sector index reflecting historical performance shows that the highest increases over the past 24 hours were in the ssiAI, ssiPayFi, and ssiMeme indices, which rose by 8.37%, 7.53%, and 5.80% respectively.