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Crypto Market Rallies Broadly, DeFi Sector Leads with Nearly 7% Gain

OdailyOdaily

Odaily News: On September 18, according to SoSoValue data, the Fed rate hike was finalized, oil prices fell back, and the SEC issued an "innovation exemption" to promote on-chain trading of tokenized NMS stocks. Panic sentiment quickly dissipated, and the crypto market sectors generally trended upward, with 24-hour gains mostly around 2% to 7%. Among them, the DeFi sector performed strongly, rising 6.80%. Within the sector, Genius (GENIUS) rose 20.66%, while Uniswap (UNI) and Hyperliquid (HYPE) rose 14.81% and 10.01%, respectively.

Notably, MAG7.ssi rose 0.25%, DEFI.ssi rose 7.75%, and MEME.ssi rose 2.55%.

Other standout sectors include: DePIN sector rose 5.55% in 24 hours, with Geodnet (GEOD) up 44.90%; RWA sector rose 4.95%, with Ondo Finance (ONDO) up 9.53%.

In other sectors, Layer2 sector rose 4.46%, with Arbitrum (ARB) up 18.69%; Meme sector rose 3.79%, with Useless Coin (USELESS) up 14.21%; Layer1 sector rose 3.67%, with NEAR Protocol (NEAR) up 22.91%; PayFi sector rose 1.94%, with Zcash (ZEC) up 8.93%, continuing to hit new all-time highs; CeFi sector rose 1.86%, with Aster (ASTER) up 4.52%.

Crypto sector indices reflecting historical sector performance show that ssiDeFi, ssiRWA, and ssiLayer2 indices rose 7.70%, 6.00%, and 5.82%, respectively.


This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.