Crypto market rises for two consecutive days, PayFi sector gains 11.46%, BTC breaks $75,000

Odaily News, August 21 — According to SoSoValue data, the crypto market sectors have risen for two consecutive days, with 24-hour gains generally ranging from approximately 3% to 11%. Among them, the PayFi sector led with an 11.46% increase. Within the sector, XRP rose 16.16%, and Telcoin (TEL) gained 13.49%. Meanwhile, Bitcoin (BTC) climbed 8.26%, breaking through $75,000, and Ethereum (ETH) rose 4.67%, surpassing $2,300.

Additionally, MAG7.ssi rose 7.58%, DEFI.ssi gained 7.01%, and MEME.ssi increased 9.01%.

In other sectors, the Meme sector rose 7.48% over 24 hours, with Pump.fun (PUMP) up 21.13%; the Layer2 sector gained 5.95%, with Stacks (STX) up 14.29%; the CeFi sector rose 5.26%, with NEXO up 10.39%; the DeFi sector gained 5.19%, with Ethena (ENA) up 27.81%; and the Layer1 sector rose 4.69%, with Cardano (ADA) up 10.54%.

The crypto sector indices reflecting historical sector performance show that the ssiPayFi, ssiMeme, and ssiMAG7 indices rose 14.39%, 9.48%, and 7.23%, respectively.