Cryptocurrency sector rebounds broadly, GameFi leads with over 5% gain

Odaily News, April 16th: According to SoSoValue data, expectations of a US-Iran ceasefire boosted market confidence, leading to a broad rebound in the cryptocurrency market. The GameFi sector performed notably, rising 5.38% in 24 hours, with Enjin Coin (ENJ) surging 50.96% and ImmutableX (IMX) gaining 9.13%. Meanwhile, Bitcoin (BTC) rose 0.07%, trading narrowly around $74,000; Ethereum (ETH) increased 0.73%, holding above $2,300.

In other sectors, the Layer2 sector rose 3.39% in 24 hours, with Starknet (STRK) up 8.36%; the PayFi sector gained 2.31%, with XRP (XRP) rising 2.87%; the Meme sector increased 2.08%, with SPX6900 (SPX) up 6.63%; the AI sector rose 1.75%, with Siren (SIREN) gaining 18.99%; the DeFi sector increased 1.35%, with EdgeX (EDGE) up 13.05%; the Layer1 sector rose 0.88%, with Algorand (ALGO) gaining 3.59%; the CeFi sector increased 0.66%, with Gate (GT) up 2.60%.

The cryptocurrency sector indices reflecting historical sector performance showed that the ssiGameFi, ssiLayer2, and ssiPayFi indices rose by 3.13%, 2.86%, and 2.44%, respectively.